Saturday, November 23, 2024
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Want to keep exchanges like Celsius from seizing your money? Be a ‘custody client’

Disgraced cryptocurrency lender Celsius Network asked a court this month to return assets to its “custody clients,” but not to its “earn-and-borrow” customers. Wondering how to keep yourself in the former group when the crypto exchange you’re using goes under? Here’s a summary.What exactly is a “custody client?” It’s similar

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Sri Lanka central bank reiterates crypto warning following protestors seizing president’s residence

Amid economic and political turmoil, the Central Bank of Sri Lanka, or CBSL, has warned the public against crypto purchases due to the lack of regulatory oversight.In a Tuesday notice, the CBSL said it has not authorized or licensed any company in Sri Lanka to offer crypto-related services, including exchanges,

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