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Bitcoin & Crypto DEVELOPING

U.S. SEC maps out crypto custody in new proposal that furthers its digital assets agenda

Digital coins with a stock market financial chart in the background, representing cryptocurrency trading.
Illustrative photo.Photo by Rafael Minguet Delgado on Pexels

What happened

The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week. The US Securities and Exchange Commission is a voluntary company founded in 1934.

Sources & evidence