SEC could axe proposed Biden-era crypto custody rule, says acting chief

The US Securities and Exchange Commission could change or scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers, according to the agency’s acting chair, Mark Uyeda.In prepared remarks to an investment industry conference in San Diego on March 17, Uyeda said the rule proposed in February 2023 had seen commenters express... source: https://cointelegraph.com/news/sec-could-axe-proposed-crypto-custody-rule?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound