As the blockchain and virtual asset space continues to grow with the rise of cutting-edge applications, large companies and institutional investors are tapping into the space. As of now, there are more than ten thousand currencies in the global digital money market, and the total crypto market value has exceeded USD2 trillion. MicroStrategy CEO Michael Saylor also expressed that Bitcoin would continue to appreciate and he boldly predicted that the market value of Bitcoin would reach USD 100 trillion one day.
But the crypto landscape does present some challenges. Financial services are heavily regulated around the world, and each region has its own compliance standards and guidelines to meet. From Binance to Bittrex, many crypto companies bear the brunt and even had their licenses revoked in certain circumstances when the compliance requirements were not met. For global crypto institutions looking to provide custody solutions for clients around the world, the obstacles are particularly

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