Cryptocurrency Q&A
Is block a bitcoin custodian?
Is block a bitcoin custodian?
Giulia
Thu Feb 27 2025
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7
answers
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I am considering using a service called block to store my bitcoins, but I am not sure if it is considered a custodian. Can someone confirm if block is indeed a Bitcoin custodian?
7 answers
CryptoNinja
Sat Mar 01 2025
Furthermore, Block is not utilizing any third-party custodians for its Bitcoin holdings.
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Giulia
Sat Mar 01 2025
At the time of this publication, Block was holding 25,083 bitcoins in custody.
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HanbokElegance
Sat Mar 01 2025
These bitcoins were valued at approximately $858 million.
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CryptoBaron
Sat Mar 01 2025
Block, which was formerly known as Square, ventured into the world of Bitcoin trading in 2018 by introducing this service on its Cash App.
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CosmicWave
Sat Mar 01 2025
In a recent filing, Block revealed that it had ceased lending any Bitcoin in 2021.
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