a bank custodian means the bank holds the keys. You hold a balance on its books.
Convenient for people who never touch a wallet. Not the same as owning coins you can move yourself.
Would you keep $BTC with a bank, or only in a wallet you sign for?
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JUST IN: 🇷🇺 Russia's largest bank Sberbank officially approved as crypto custodian to launch Bitcoin, Ethereum and USDT products.