Anchorage Digital Bank, Bitgo join Coinbase to custody 21Shares crypto ETFs
The move diversifies spot crypto ETF custodians beyond Coinbase, which has dominated crypto custody for US issuers. Go to Source
Custody Rule
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Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations
The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers Act. The crypto-centric hedge fund and advisory firm was also accused of misleading investors about the redemption process. SEC Charges Galois Capital According to the … Read more
‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules
Industry representatives have cast doubt on the legality and impact of the United States securities regulator’s proposal to expand custody rules. Go to Source Powered by WPeMatico
US securities regulator probes Wall Street over crypto custody: Report
The regulator has been probing registered investment advisors over how they’ve been offering crypto custody to their clients, according to sources. Go to Source Powered by WPeMatico
