- SEC’s April 25 roundtable explores crypto custody, regulatory frameworks.
- Focus on broker-dealer and investment advisor aspects.
- Industry giants like Fidelity, Kraken, Anchorage participate.
The U.S. Securities and Exchange Commission (SEC) will hold a cryptocurrency policy roundtable on April 25, 2025, in Washington D.C. to discuss custody issues with industry leaders.
This roundtable aims to address regulatory challenges in crypto custody, a persistent issue in the market, prompting diverse industry responses.
April 25 Roundtable to Shape Future Custody Regulations
The SEC announced its third cryptocurrency policy roundtable focusing on crypto custody regulations. Set for April 25, industry leaders including Fireblocks, Anchorage Digital, and Fidelity will take part in two panel discussions about broker-dealers and custodial liabilities.
Regulatory changes in crypto custody could affect institutional asset management strategies, as the roundtable might shape new rules regarding these services. Increased scrutiny is expected in practices involving investor protection and potential conflicts.
“The Crypto Task Force roundtables are an opportunity for us to hear a lively discussion among experts about what the regulatory issues are and what the Commission can do to solve them” – SEC.
Mark Uyeda emphasized the need for a flexible federal framework in addressing evolving crypto concerns.
Bitcoin Surges Amidst SEC’s Custody Talks
Did you know? The SEC’s focus on custody echoes previous roundtables that discussed asset compliance issues, reflecting ongoing regulatory attention aimed at shaping stable crypto environments.
Bitcoin currently trades at $84,206.76, experiencing a 0.97% increase over the past day, as per CoinMarketCap. Its 24-hour trading volume of $29.05 billion reflects notable market activity amid broader regulatory discussions.
Financial analysts from Coincu highlight that regulatory focus on crypto custody might pressure institutional custodians to enhance risk-management practices. Technological advances in blockchain security are also anticipated to evolve.
Source: https://coincu.com/332628-sec-crypto-roundtable-custody/