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" ... Brooks: There is obviously some further questions we need to think about. I don’t want to pre-judge the answers but I’ll tell you some of the questions that needs to be asked. One question is if a bank can custody crypto, can it do all the things that a custodian of other assets can do? So for example, when a bank has custody of securities, it often helps make a business called securities lending for its customers so some of the people who are holding their securities at the bank might be able to earn a small rate of return for overnight borrowing of that by people who want to short the market. Should people be able to do that with crypto? These are questions that custodians will ask when they look at what businesses they can build or not in their custody platform. ... "
" ... Losing those is not the same as losing your checking account number. Traditional banks like Fidelity are now getting in on the Bitcoin business and will act as secure custodians of accounts. ... "
" ... Securitize is a Coinbase-backed digital securities platform that raised over $12M in funding last November. OTCXN is a blockchain-based custodial ledger system. The two projects plan to work together, with Securitize handling compliance and issuance and OTCXN providing the trading experience and custodial solutions through its partnerships with custodians such as Prime Trust and Kingdom Trust. OTCXN says they are in talks with partners who would help them meet some of the regulatory requirements likely needed to exchange digital securities, though no date was provided. ... "
" ... The blame falls just as much on Facebook as it does on its developers. As the primary custodians of users social media data they must hold their partners accountable up front and not wait years to challenge the information being collected from its site. Also, it may be time to revisit the idea of an Internet Consumer Bill of Rights. Perhaps this can promote one standard of privacy and set of rules that apply to all companies in the internet ecosystem. The basic idea behind this has been around for some time and former President Barack Obama actually proposed a similar protection plan in 2012. ... "