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Coinpedia
2023-05-13 06:01:11

Crypto vs SEC: Is the SEC Threatening Digital Assets? Lawmakers Demand Withdrawal of Custodial Proposal

Crypto vs SEC: Is the SEC Threatening Digital Assets? Lawmakers Demand Withdrawal of Custodial Proposal

The post Crypto vs SEC: Is the SEC Threatening Digital Assets? Lawmakers Demand Withdrawal of Custodial Proposal appeared first on Coinpedia Fintech News Lawmakers from the House Financial Services Committee are urging the Securities and Exchange Commission (SEC) to withdraw its proposed rule that would increase the cost of custodial services for registered investment advisors (RIAs). The lawmakers, including Committee Chairman Patrick McHenry and Subcommittee Chairman French Hill, argue that the rule goes against established practices and exceeds …

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