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Matthias Knab, Opalesque for New Managers: The SEC's Office of Investor Education and Assistance is issuing this Investor Bulletin to help educate retail investors about the ways investors can hold crypto assets. This Investor Bulletin provides an overview of types of crypto asset custody and provides tips and questions to help you decide how to best hold crypto assets. What is crypto asset custody? Crypto asset "custody" refers to how and where you store and access your crypto assets. You generally access crypto assets through a device or computer program referred to as a crypto wallet. Crypto wallets do not store crypto assets themselves; instead, they store the "private keys" or passcodes for your crypto assets. Crypto Asset. A crypto asset is an asset that is generated, issued, and/or transferred using a blockchain or similar distributed ledger technology network, including assets known as "tokens," "digital assets," "virtual currencies," and "coins." Investors should know that the characteristics and design of crypto assets, and the distributed ledger or blockchain technology through which they are issued and/or transferred, can vary significantly. In other words, different crypto assets can present different benefits or risks. When you create a crypto wallet, the followi...................... To view our full article Click here
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