🔎 Recent reports say that a major exchange is moving its institutional-grade crypto custody business under a federal regulatory framework, building on the trust charter it previously obtained in New York. 🤔 This seems to suggest greater regulatory consistency, which could give institutional users more confidence, but it may also increase compliance costs. The market’s reaction remains to be seen. We can think of this as an industry “deep breath” and watch how the regulatory details affect capital flows and room for innovation. Do you think this will be steady progress for the crypto ecosystem, or will it bring new challenges? 🌐🚀

This is not investment advice.

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