Digivault becomes the first stand-alone digital custodian to receive approval from the FCA to store crypto

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SINGAPORE and LONDON, May 14, 2021 /PRNewswire/ -- Digivault, the secure digital asset custody business of Nasdaq listed Diginex Limited (Nasdaq: EQOS), has become the first stand-alone digital asset custodian to receive approval from the UK Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money Laundering, Terrorist Financing and Transfer of Funds (Information of the Payer) Regulations 2017 (MLR 2017), as amended
[1].
The approval represents a key milestone in Digivault's strategy to provide compliant and secure custody services to corporate and institutional investors in crypto assets.
Digivault's cold solution comprises a network of secure third-party vaults owned by renowned vault services provider, Malca-Amit. Crypto assets are stored in a completely off-line environment, and alongside traditional stores of value such as gold and silver.

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