SEC chair implies crypto exchanges would possibly perhaps presumably perhaps also simply no longer be ‘licensed custodians’ as novel rule is drafted

SEC chair implies crypto exchanges might perchance no longer be ‘certified custodians’ as contemporary rule is drafted

United States Securities and Exchange Commission Chair Gary Gensler has again backed a proposed rule that would extend asset custody rules to more cryptocurrencies, saying investors need more protection. The commission’s Investor Advisory Committee has proposed expanding 2009 rule designed to reduce the risk of advisers embarking on Ponzi schemes to all asset classes, including