#SECSendsCryptoCustodyRuleToWhiteHouse
⚖️ A Major Step for Crypto Regulation.
The U.S. SEC has sent proposed changes to its crypto custody rules to the White House for review. The proposal aims to clarify how investment advisers and investment companies can hold and safeguard crypto assets while complying with existing regulations.
Clearer custody rules could reduce regulatory uncertainty and potentially make it easier for more traditional financial institutions to participate in the digital-asset market.
#BinanceSquareFamily #Blockchain $ETH
⚖️ A Major Step for Crypto Regulation.
The U.S. SEC has sent proposed changes to its crypto custody rules to the White House for review. The proposal aims to clarify how investment advisers and investment companies can hold and safeguard crypto assets while complying with existing regulations.
Clearer custody rules could reduce regulatory uncertainty and potentially make it easier for more traditional financial institutions to participate in the digital-asset market.
#BinanceSquareFamily #Blockchain $ETH