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Unhosted Wallet

In their Interpretive Letter #1172, the Office of the Comptroller of the Currency (OCC) defines an unhosted as "one where an individual owner of a cryptocurrency maintains control of the cryptographic keys for accessing the underlying cryptocurrency.” Also sometimes referred…

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Unspent Transaction Outputs (UXTO)

When a bitcoin transaction takes place the sender typically sends an amount greater that value of the transaction and the remainder or “change” is returned to them as Unspent Transaction Outputs (UXTO). Just like a cash transaction, the sender get…

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