The latest publication by STEP, a global professional body devoted to family estate planning, “Decoding Digital Assets: An Overview for Practitioners” is now out. The definition of “assets” as a concept has evolved of late, expanding from traditional holdings to include various types of non-tangible property including cryptocurrency, NFTs, data, etc. Niklas Schmidt has contributed to this publication with an article titled: “Custody of Crypto-Assets”. The article addresses the two main types of holding crypto-assets, self-custody and external custody, discussing both their positive and negative aspects.
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