The content discusses the examination of custody challenges for crypto assets under the Securities Exchange Act, led by SEC Chairman Paul Atkins. His roundtable aimed to address potential alterations in custody rules, impacting crypto custody providers and broker-dealers.
Atkins emphasizes a pro-market regulatory approach that seeks to safeguard investors while encouraging investment in the economy. This marks a shift from the previous administration's strict regulatory stance.
Potential regulatory changes could foster an inclusive environment, enhancing the competitiveness of the U.S. crypto market and benefiting investors with clearer frameworks.
Full story here: https://coincu.com/334373-sec-chairman-crypto-custody-rules