Has a recent update by the SEC on crypton pulled the plug on banks custodial crypto plans.

Andy Watkin-Child
September 20, 2022
Cryptocurrency & Digital Assets, Regulation & Compliance

Has a recent update by the SEC on crypton pulled the plug on banks custodial crypto plans. By treating crypto as a liability covered financial institutions have to hold capital under the Basel accords, pushing up the costs of crypto that looks to have created issues for banks crypto projects.

Ted Dziekanowski

#cyrpto #regulatorycapital #baseliii

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Has a recent update by the SEC on crypton pulled the plug on banks custodial crypto plans.

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