✉news BusinessBanking first seen 20 h ago, last 13 h ago, peak #12
SEC proposes new crypto custody rules
Original: Reg Wrap: SEC proposes new crypto custody rules
The US Securities and Exchange Commission has put forward new custody rules affecting crypto assets, according to a report from The Banker. The proposals would set stricter requirements for firms holding clients' digital assets, and are drawing attention from crypto firms, banks and regulators who are weighing the compliance burden and the implications for how digital assets are safeguarded in the United States.
Why now: New SEC rulemaking on crypto custody directly affects how crypto firms and banks must safeguard client assets.
SECThe Bankercrypto custodians
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- Reg Wrap: SEC proposes new crypto custody rules · thebanker.com
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