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US SEC and FINRA Issue Statement on Crypto Custody Issues

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Published: 09 Jul 2019 › Updated: 09 Jul 2019US SEC and FINRA Issue Statement on Crypto Custody Issues

US SEC and FINRA Issue Statement on Crypto Custody Issues

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The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) laid out administrative consistence issues for digital money overseers in a declaration on July 8.

As per the joint articulation, the associations presently can't seem to find a situation where a crypto caretaker could agree to the SEC's Customer Protection Rule, which is depicted as pursues:

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