kaal:claim:3936876-005

Custody of a digital asset is not physical possession but ownership and control over a digital asset wallet, which in practice means holding the private keys and bearing responsibility for keeping the funds safe.

Custody of digital assets is typically associated with ownership and control over a digital asset wallet and its assets. Such ownership and control over a digital asset wallet typically means holding the private keys and the responsibility of keeping funds safe.

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021), II. Custody of Assets, p. 4
https://ssrn.com/abstract=3936876 · source PDF

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

• applies to intangible digital assets rather than tangible chattel or real estate

definitionalsupport: asserteddefi

• extended_by kaal:claim:4900878-038 Guaranteeing users full ownership and control over their digital assets protects them from asset confiscation ...

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