SEC Crypto Custody Rewrite Lands on White House Desk

The US Securities and Exchange Commission (SEC) has submitted its revised guidelines for cryptocurrency custody to the White House for review.

The move comes after a lengthy process of public consultation, which saw industry stakeholders express concerns over the potential implications of the new rules on innovation and investor protection.

While details of the revised guidelines have not been made publicly available, sources indicate that they may address some of the key issues raised by industry participants during the consultation period.