@knowid
As crypto enters the “institutional era,” it’s time to address the elephant in the room: custodial wallets. Platforms like Coinbase and Binance are sitting on billions of dollars in user funds, but in this bear market, the fear of another Mt. Gox-style disaster is real. Is self-custody still the gold standard for crypto users, or is the convenience of custodial services simply too attractive? With regulations pushing for greater transparency and accountability, the real question becomes: Can custodial platforms keep their users’ funds safe in an increasingly regulated world?