Coinbase Starts ‘Wallet as a Service’ That Companies Can Build Into Their Own Apps

The U.S. crypto exchange says the new wallet-as-a-service could help companies “to help bring the next hundred million customers into Web3 through a seamless wallet-onboarding experience.”

https://www.coindesk.com/tech/2023/03/08/coinbase-starts-wallet-as-a-service-that-companies-can-build-into-their-own-apps/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Custodial wallet as a service (probably called hosted wallet as a service) with coinbase could be very problematic in the wake of government overreach