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U.S. Treasury develops new custody framework for government-held Bitcoin, replacing informal practices

By Estefano Gomez

The new custody framework could enhance security and regulatory clarity, potentially boosting institutional confidence in cryptocurrency markets. The post U.S. Treasury develops new custody framework for government-held Bitcoin, replacing informal practices appeared first on Crypto Briefing.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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