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Market Cap:
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cryptonews
2023-05-09 14:15:00

Coinbase Chief Legal Officer Pushes Back Against US SEC Crypto Custody Rule Proposal

Coinbase Chief Legal Officer Pushes Back Against US SEC Crypto Custody Rule Proposal

Coinbase’s chief legal officer called a newly proposed US rule tightening cryptocurrency custody requirements “misguided” and said some parts need to be changed. The Securities and Exchange Commission rule was proposed in February and would require registered investment advisers to keep crypto with a qualified custodian, which would mandate certain requirements such as segregating investors’ assets. ... Read More: Coinbase Chief Legal Officer Pushes Back Against US SEC Crypto Custody Rule Proposal

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