Cryptocurrency Q&A What is the custody rule in crypto?

What is the custody rule in crypto?

Alessandro Alessandro Fri Nov 08 2024 | 6 answers 1341
I'm trying to understand the custody rule in the context of cryptocurrencies. What does it entail and how does it apply to crypto assets? What is the custody rule in crypto?

6 answers

BlockchainVisionary BlockchainVisionary Sun Nov 10 2024
The Custody Rule is a regulation that mandates certain compliance standards for investment advisers registered with the SEC.

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Federico Federico Sat Nov 09 2024
BTCC, a top cryptocurrency exchange, offers a range of services that align with the principles of the Custody Rule.

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Elena Elena Sat Nov 09 2024
These investment advisers must adhere to the rule if they have custody of client funds or securities.

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Luigia Luigia Sat Nov 09 2024
The primary objective of the Custody Rule is to safeguard client assets from potential losses, theft, misuse, or misappropriation.

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Federico Federico Sat Nov 09 2024
It ensures that investment advisers take necessary measures to protect client funds and securities.

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