Source: CryptoNewsNet
Original Title: U.S. SEC aids brokers on crypto custody, looks more closely at ATS activity
Original Link:
It’s brokers’ turn for crypto clarity in the U.S. Securities and Exchange Commission’s series of staff statements meant to reveal its current thinking on how to treat the digital assets space, in this case touching on brokers’ “physical possession” of assets and separately posing some questions about so-called alternative trading systems (ATSs) for crypto.
One of the two latest releases this week deals with custody of customers’ crypto securities at regulated broker-dealers, advising the firms on how to properly possess those assets, including protecting customers’ private keys. As long as they follow the informal standards set out in the statement, broker-dealers won’t get a knock on their door from the SEC.
Their approach must also anticipate “blockchain malfunctions, 51% attacks, hard forks, or airdrop,” according to the statement from the SEC’s Division of Trading and Markets.
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GreenCandleCollector
· 2025-12-21 17:23
The SEC has finally taken action against brokers, so the custody issue might be saved... or is it just another case of empty talk?
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ApyWhisperer
· 2025-12-20 19:28
SEC finally loosened up on brokers, about time... However, this ATS review is really strict, feels like we're about to go through another round of trouble.
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SurvivorshipBias
· 2025-12-18 18:49
Has the SEC finally loosened up on brokers? Can we now get the custody issue sorted out properly...
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AirdropHuntress
· 2025-12-18 18:30
This time, the SEC's guidance for brokers seems to be paving the way for mainstream institutions. After research and analysis, this move appears to be quite deliberate — trying to see just how strict their regulation of ATS will be.
U.S. SEC aids brokers on crypto custody, looks more closely at ATS activity
Source: CryptoNewsNet Original Title: U.S. SEC aids brokers on crypto custody, looks more closely at ATS activity Original Link: It’s brokers’ turn for crypto clarity in the U.S. Securities and Exchange Commission’s series of staff statements meant to reveal its current thinking on how to treat the digital assets space, in this case touching on brokers’ “physical possession” of assets and separately posing some questions about so-called alternative trading systems (ATSs) for crypto.
One of the two latest releases this week deals with custody of customers’ crypto securities at regulated broker-dealers, advising the firms on how to properly possess those assets, including protecting customers’ private keys. As long as they follow the informal standards set out in the statement, broker-dealers won’t get a knock on their door from the SEC.
Their approach must also anticipate “blockchain malfunctions, 51% attacks, hard forks, or airdrop,” according to the statement from the SEC’s Division of Trading and Markets.