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McBain
@mcbain
Feels like a lot of startups are being built on AA and MPC tech assuming that they will be treated as Non-Custodial wallets just like mnemonic wallets Are their any no action letters or guidance that says this is true? If so, awesome If not, lots of companies are squarely in the flow of funds
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✳️ dcposch
@dcposch.eth
Not a lawyer but I think the following questions are clarifying . Regardless of tech details, 1. Can the user transact without company permission? 2. Can the company transact (user funds) without user permission?
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✳️ dcposch
@dcposch.eth
Very curious to hear how Coinbase thinks about it for their MPC product.
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