Casa unveils ‘Praetorian’ self-custody service for nation-states
Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government.
As talk of a potential Bitcoin (BTC) strategic reserve grows and sovereign states weigh adopting BTC as a reserve asset, crypto custody company Casa recently announced a self-custody option for nation-states called Praetorian.
The new service will provide sovereign powers with security through Casa’s multisignature crypto vaults. Each vault is located in a different jurisdiction and uses strong encryption standards for security. The service also allows for delegation between administrative personnel. Nick Neuman, co-founder and CEO of Casa, wrote:
According to Casa, security and self-autonomy are maintained regardless if Casa remains operational as a company, and funds will remain safe in the event the company ceases to exist.
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Author: Vince Quill
