$BTC - SEC acknowledges regulatory gap after 16 years of Bitcoin growth.
SEC Chair Paul Atkins says federal securities rules haven't kept pace with Bitcoin since its 2008 launch.
New proposal aims to modernize custody standards for advisers and funds handling the asset.
The move signals formal recognition but implementation timeline and scope remain unclear.
#CryptoRegulation #Regulation
SEC Chair Paul Atkins says federal securities rules haven't kept pace with Bitcoin since its 2008 launch.
New proposal aims to modernize custody standards for advisers and funds handling the asset.
The move signals formal recognition but implementation timeline and scope remain unclear.
#CryptoRegulation #Regulation