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🚨🇺🇸 SEC #COMMISSIONER URGES CLARITY ON CRYPTO CUSTODY
🔹Mark T. Uyeda pushes for clear rules allowing state-chartered trust companies to act as crypto custodians
🔹Notes that OCC permits national banks to custody crypto—states should have similar rights
🔹Recommends revisiting Custody Rule to define “funds” and clarify crypto asset treatment
🔹Urges SEC to enhance competition & guidance for custody of crypto and traditional assets
🔹Criticizes previous stance that “most crypto assets” are securities
“Crypto is not different in principle.” — Uyeda
- SEC, Apr 25, 2025$ETH $BTC
🔹Mark T. Uyeda pushes for clear rules allowing state-chartered trust companies to act as crypto custodians
🔹Notes that OCC permits national banks to custody crypto—states should have similar rights
🔹Recommends revisiting Custody Rule to define “funds” and clarify crypto asset treatment
🔹Urges SEC to enhance competition & guidance for custody of crypto and traditional assets
🔹Criticizes previous stance that “most crypto assets” are securities
“Crypto is not different in principle.” — Uyeda
- SEC, Apr 25, 2025$ETH $BTC
🚨TODAY: PRO-BITCOIN SEC CHAIR PAUL ATKINS DELIVERS #FIRST PUBLIC REMARKS AT TODAY'S SEC CRYPTO TASK FORCE ROUNDTABLE
"I EXPECT HUGE BENEFITS FROM THIS MARKET INNOVATION."
-BitcoinMagazine
"I EXPECT HUGE BENEFITS FROM THIS MARKET INNOVATION."
-BitcoinMagazine
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