An institution that buys Bitcoin has to decide who will hold the keys that move it.

Its board also needs to know who can approve a transfer and how access would be restored if the usual people or systems fail.

Vincent Fong, Chief Editor of Fintech News Network, put the concern to a panel of custodians at the Luno Institutional Digital Asset Conference in Kuala Lumpur.

“Who do we trust with our assets, and is it actually safe?”

His question led the panellists through what an institution would need to check before holding crypto itself or entrusting it to a digital asset custody provider.

Holding the Keys

Angela Ang, Managing Director…