U.S. SEC maps out crypto custody in new proposal that furthers its digital assets agenda
The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week.
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Summary
- The U.S. Securities and Exchange Commission proposed its crypto custody rule on Thursday, adding another major piece to the agency’s digital asset agenda.
- The custody rule would provide clarity for what firms can hold the crypto asset of investment firms’ clients, but it also seeks to open a self-custody ability.
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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
