The U.S. Securities and Exchange Commission (SEC) is set to host a pivotal crypto custody roundtable today, April 25, 2025, at its Washington, D.C. headquarters. This event is part of the SEC's "Spring Sprint Toward Crypto Clarity," aiming to establish a clear regulatory framework for digital asset custody.
The Vocal News2025
Key Highlights:
Event Structure: The roundtable will feature two sessions: "Custody Through Broker-Dealers and Beyond" and "Investment Adviser and Investment Company Custody." The Vocal News2025, Decrypt2025
Notable Panelists: Representatives from leading crypto and financial institutions, including Fireblocks, Kraken, Anchorage Digital Bank, and Fidelity Digital Asset Services, will participate.
The Vocal News2025 -
SEC Participation: Acting Chair Mark Uyeda, Commissioner Hester Peirce, and other key SEC officials will provide opening remarks and engage in discussions. The Vocal News2025,
Decrypt2025
Commissioner Hester Peirce has previously expressed concerns regarding the SEC's approach to crypto custody, highlighting potential risks of limiting qualified custodians and inadvertently increasing asset vulnerability.
Ref: Cointelegraph2025, Decrypt2025, The Vocal News2025
Implications for Binance and the Crypto Industry:
As a leading global cryptocurrency exchange, Binance is closely monitoring the outcomes of this roundtable. The discussions and potential regulatory shifts could significantly impact how exchanges and custodians operate within the U.S. Binance remains committed to engaging with regulators and ensuring compliance to foster a secure and transparent crypto ecosystem.
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