Wu Blockchain (@WuBlockchain): The U.S. SEC is considering withdrawing its proposal to tighten cryptocurrency custody requirements. Acting SEC Chairman Mark Uyeda stated that, due t…
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The U.S. SEC is considering withdrawing its proposal to tighten cryptocurrency custody requirements. Acting SEC Chairman Mark Uyeda stated that, due to serious concerns regarding the rule proposed in February 2023, moving forward with the original proposal faces significant challenges. The rule requires registered investment advisors to have cryptocurrency assets held by qualified custodians and strengthens asset protection measures. theblock.co/post/346616/ac…