Crypto Industry to SEC: Safe Harbor for Broker Custodians Isn’t Safe

Crypto Industry to SEC: Safe Harbor for Broker Custodians Isn’t Safe

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The US Securities and Exchange Commission’s decision to give broker-dealers a five-year reprieve from any regulatory sanctions to custody digital security assets in a trial run under limited circumstances isn’t all that sound, caution some broker-dealers, cryptoasset market players, and legal experts.

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