#custodians

1:15am, 8th March, 2023

89% still trust centralized custodians despite 2022's collapses: Survey

A January survey from Paxos found that 89% of respondents still trusted “intermediaries” to hold their crypto, despite the collapses and bankruptcies in 2022.

SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted

5:38pm, 2nd March, 2023

Crypto Wiki

SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted

Gary Gensler praises the SEC Investor Advisory Committee’s proposed rule on safeguarding advisory client assets, but thinks crypto firms may not be up to snuff.

SEC to target crypto firms operating as 'qualified custodians' — Report

2:11am, 14th February, 2023

Crypto Wiki

SEC to target crypto firms operating as 'qualified custodians' — Report

If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.