Skip to main content

C. Segregation and safekeeping of Virtual Assets

1. Segregated client VA Wallets. VASPs providing Staking from Custody Services must ensure that each client’s Virtual Assets remain segregated in separate VA Wallets containing the Virtual Assets of that client only, throughout the provision of such Staking from Custody Services, as required under Rule III.B.3 of this Custody Services Rulebook.
2. Single client per node. VASPs providing Staking from Custody Services must ensure that no client’s Virtual Assets are pooled or otherwise combined with Virtual Assets of any other clients of the VASP or any other party[ies], whether to meet any minimum requirements of a given DLT or otherwise, and each node or instance of a DLT managed, operated or otherwise made available by the VASP may only hold, be delegated, or have committed to it, Virtual Assets belonging to that client only.
3. Safekeeping of Virtual Assets. VASPs providing Staking from Custody Services remain responsible to their clients for the safekeeping of the Virtual Assets for which Staking from Custody Services is being provided.
4. Control of withdrawal keys. VASPs providing Staking from Custody Services must maintain control of the cryptographic keys and/or other mediums or methods through which the Virtual Assets may be withdrawn, or otherwise no longer ‘staked’.