Cold storage | The IT Law Wiki | Fandom

Definitions[]

Cold storage

"[is] an offline Bitcoin wallet — i.e., a Bitcoin wallet that is not connected to the Internet."^[1]

"entails storing units of digital currency in an offline mode rather than online ('hot storage'), to reduce the risk of remote hacking.^[2]

References[]

↑ Virtual Currencies: Key Definitions and Potential AML/CFT Risks, at 7.
↑ Digital Currencies: Response to the Call for Information, at 15 n.3.