milestone! Swiss CMTA releases unified standards for digital asset custody

Source: e-Forex Magazine 2020-05-25

The Swiss Capital Markets and Technology Association (CMTA) has released the "Digital Asset Custody Standard" (DACS), a technical solution for digital asset custody and management, which sets out a series of requirements and recommendations.

DACS aims to fill the policy gaps in digital asset custody, because contrary to traditional asset custody, digital asset custody has not yet been clearly bound by minimum security and operational requirements .

CMTA Secretary-General and Lenz & Staehelin partner Fedor Poskriakov said: "digital capital market infrastructure is accelerating in this case." Digital asset custody standards, "the release is a key milestone, which is the Swiss financial industry for the first time on digital assets Agree on common standards for hosting and management. "

CMTA

DACS

solution

finance industry

Fedor Poskriakov

milestone! Swiss CMTA releases unified standards for digital asset custody

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