Coinbase and Anchorage Assure Compliance with SEC’s Custody Proposal, But Other Risks May Exist

  • The SEC is working towards requiring investment advisers to make decisions about how to store clients’ crypto assets.
  • The proposal from the SEC has both positive and negative elements.
  • Coinbase and Anchorage have assured compliance with the proposal.
  • Industry lawyers and lobbyists are studying the implications of the proposal.
  • Other risks may exist for other companies.


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