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Singapore's Third-largest Bank May Explore Crypto Custody Solution

Mary Liu

Summary: According to The Block, United Overseas Bank, Singapore’s third-largest bank in terms of total assets, may explore and develop a cryptocurrency custody solution. According to the recruitment page of its official website, the bank is looking for an expert in the crypto security sector, the job responsibilities include: provide subject matter expertise advice to ensure ...

According to The Block, United Overseas Bank, Singapore’s third-largest bank in terms of total assets, may explore and develop a cryptocurrency custody solution. According to the recruitment page of its official website, the bank is looking for an expert in the crypto security sector, the job responsibilities include: provide subject matter expertise advice to ensure that appropriate security controls are implemented in the design or process in managing crypto keys; manage and maintain crypto keys and standards; Manage installation, maintenance and support of Hardware Security Module (HSMs), etc. This position indicates that UOB's cryptocurrency custody plan is still in its infancy.

By Mary Liu

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