Who Really Owns Your Money?
- Viktoria Soltesz PSP Angels Ltd - CY10406204F
- Jun 22
- 1 min read

You still believe that a dollar in a pocket, a balance on the bank statement, or the totals of your crypto portfolio all equally mean that you own and control the asset? I have bad news for you - you could not be further from the truth.
The moment your fund reaches a traditional bank, it legally becomes the bank’s property. If you add it to your FinTech app, they might lock it in a bank you never even heard of. But if you think crypto is the real ownership, you might be surprised to know that you might have nothing but a promise of a custodial crypto platform, and you never even owned the asset.
Payment and banking are getting more and more complex, and knowing who owns your funds and how it is handled must be the basis of every financial decision you make. Yet, the ones who manage payment and banking tasks are not adequately trained to do so.
What can you do?
Read my article for the details: https://www.linkedin.com/pulse/who-really-owns-your-money-banking-secrets-one-tells-you-soltesz-pf9uf