Coinbase Outlines Five Measures to Protect Customer Assets, Over 99% in Cold Storage

Cointime update: Coinbase Institutional said on Nov. 5 that more than 99% of customer assets are held in cold storage, one of five measures it outlined for safeguarding client funds. The exchange said all customer assets are held 1:1 and are never lent or used without client instruction, and that its U.S. custodian is bound by New York fiduciary law while its European business operates under MiCA authorization supervised by Luxembourg’s CSSF. The post also cited distributed key protection, rate limits, anomaly detection and emergency stop switches.