June 2021
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June 2021
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June 2021 Vol.26 No.6


Of custody and crypto

The normally staid world of custody banking is now having to embrace the wild child of global assets: cryptocurrency. And this is happening just as bitcoin, the poster child of cryptocurrency, seesawed from US$30,000 one week to $40,000 the next, shedding then recovering 30% of its value. Some bitcoin bulls are talking of $100,000 by year-end.

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