SEC Commissioner Hester Peirce emphasizes the urgent need for clear cryptocurrency custody regulations to facilitate institutional engagement in crypto.
At the SEC's "Know Your Custodian" roundtable, Peirce criticized the existing ambiguities that hinder firms from securely participating in the digital asset market.
Community reactions reflect a mix of hope and skepticism about regulatory clarity potentially increasing institutional investments in cryptocurrency.
Clear guidelines could stabilize market fluctuations and boost investor confidence, enhancing overall market liquidity and fostering broader adoption.
Full story here: https://coincu.com/334553-sec-clear-crypto-custody-regulations