SEC Chairman: Allow Bank of New York Mellon to provide cryptocurrency custody services beyond ETFs
According to Bloomberg, US Securities and Exchange Commission (SEC) Chairman Gary Gensler stated that the architecture used by Bank of New York Mellon (BNY) to provide digital asset custody services is not limited to the Bitcoin and Ethereum exchange traded funds (ETFs) that the bank is considering.
Earlier this week, BNY confirmed that it had submitted a plan to the Office of the Chief Accountant of the SEC to custody these two assets in a way that would protect customer funds in the event of a bank bankruptcy. The agency has expressed "no objection" to the plan, a regulatory term that allows the bank to not worry about its structure violating SEC requirements, which require banks to reflect the value of digital assets they hold on their balance sheets. BNY previously stated to Bloomberg that the SEC's no objection opinion only pertains to the use cases of ETFs.
"Although the actual consultation involves two types of crypto assets, the structure itself does not depend on which type of crypto asset it is." Gensler told Bloomberg after delivering a speech at the Federal Reserve Bank of New York's annual U.S. treasury bond bond market meeting on Thursday: "It does not matter which crypto currency it is."
Gensler stated that the architecture proposed by BNY includes the use of individual cryptocurrency wallets, each with an independent bank account, and prohibits mixing with bank assets. He stated that whether to expand the scope of digital asset use cases suitable for custody depends on the bank's own decision.
Gensler praised BNY's preparation work in ensuring ownership of client assets, ensuring that they are not ranked last in debt repayment in the event of bankruptcy. In recent years, Celsius Network, FTX, Voyager Digital, and other digital asset platforms have gone bankrupt, leaving thousands of cryptocurrency traders in such a predicament.
Gensler said, "If this bank or any other bank uses the same structure, they will receive the same unanimous opinion
Gensler pointed out that multiple banks and brokers have been discussing potential digital asset custody frameworks that can separate client assets from banks, thereby avoiding the requirements of SAB 121. SAB 121 sets out the institution's balance sheet requirements for cryptocurrencies, which have been strongly opposed by the cryptocurrency industry. Earlier this year, US President Joe Biden vetoed congressional efforts to overturn SAB 121.
(责任编辑:现货金)
- ·山寨币app监控软件
- ·狗狗币价格分析:短期波动剧烈,长期目标指向0.65美元
- ·Eigenlayer:介绍“智能 DeFi”新范式,盘点 10 大潜在用例
- ·股票价格指数的计算方法
- ·广发车主信用卡加油有优惠吗?
- ·中国的币行情软件
- ·FARTCOIN:memecoin 的下一个目标会是 1.5 美元吗?——如果会,会怎样?
- ·飞什么什么天气
- ·火币网视频认证
- ·股票分红了
- ·中国数字货币币交易所 十大虚拟币交易平台app炒币软件排行榜
- ·Binance Alpha上线REX(REX)
- ·Bitwise 投資長:那些討厭以太坊的人,最後會發現小丑竟是自己
- ·区块链怎么挣钱
- ·snt币最新价格
- ·怎么买入开盘涨停的股票
- · 十大虚拟货币交易平台app
- · okcoin交易平台
- · 全球三大虚拟货币交易平台
- · 亿欧交易所下载
- · 加密货币交易所
- ·欧易交易所下载
- · 数字货币交易平台app
- · 欧易开户
- · 虚拟货币交易
- · ok币