Some of the largest custodial banks are interested in crypto custody but are hindered by the SEC rule SAB 121, which establishes accounting standards (Bloomberg)
Some of the largest custodial banks are interested in crypto custody but are hindered by the SEC rule SAB 121, which establishes accounting standards (Bloomberg) https://bit.ly/4eseBOx
Some of the largest custodial banks are interested in crypto custody but are hindered by the SEC rule SAB 121, which establishes accounting standards — - Coinbase, BitGo have been among the dominant service providers — SEC rule seen making it impractical for banks to do custody
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