The full implementation of the Markets in Crypto-Assets (MiCA) framework has established strict capital reservation rules and operational resilience standards across European financial markets. Traditional banking institutions are entering the custodian landscape with heightened security specifications.
Proof of Reserve Protocols
Under new mandates, cryptographic proof-of-reserve reporting must occur weekly rather than quarterly. Custodians are leveraging zero-knowledge proofs to maintain solvency verification without exposing proprietary client holdings or execution strategies.