(b) The duties of the Finance Officer shall be: (i) Take custody of all funds accruing to the Division and make disbursements on accounts payable, subject to the approval of the Executive Committee. (aaas.org)
«We need decentralized custody of funds, yes, but probably balance that with centralized security and ability to restore funds. (goodcrowd.info)
They promise to derisk the act of exchanging cryptocurrency by leaving custody of funds in the hands of the users. (epicenter.tv)