Crypto-Asset Regulation · glossary
Paying another firm to do part of the work the licence covers. MiCA allows it, but the firm stays fully responsible to its clients for the outsourced work. Halcyon outsources the hardware that holds its clients' keys to Keystone Vault. Appendix A.13 · Binder §4.5 · Chapter 4
Explained in Chapter 4, Governance and Conduct, of Crypto-Asset Regulation.
Halcyon does not hold its clients' keys itself. A provider, Keystone Vault, runs the signing service that approves each withdrawal, and the keys sit in its hardware. That is outsourcing: paying another firm to do part of the work the licence covers.Read Chapter 4, Governance and Conduct →
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