Right. A "custodian" is someone responsible for the safekeeping and/or management of property or information _on behalf of another_. Properly speaking we do not "custody" our own property--we just...have it ourselves.

Here's more: https://bitcoinmagazine.com/glossary/non-custodial-wallet

https://thelawdictionary.org/custodian/

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👍 makes sense, thx