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:黄金TD)
- ·数字货币怎么回收 数字货币怎么回收的
- ·星华新材:股票交易异常波动,计划回购股份并召开临时股东大会
- ·中国今日比特币价格
- ·imtoken钱包可以交易
- ·SEC在Ripple诉讼中面临压力:专家呼吁承认错误并推动新判决
- ·湘潭电化(002125.SZ)全资子公司取得采矿许可证
- ·【数字货币看盘软件哪个最好】多家USDT应用排行
- ·USDT钱包6月抢先版下载-USDT钱包DEX交易v6.3.7官网下载
- ·Ledger Discord账户被入侵后已重新控制
- ·兴证国际(06058.HK)拟认购3000万美元优先股
- ·期货公司股票上市
- ·孚日转债发生1笔大宗交易,溢价率为1.07%
- ·山寨币价行情
- ·江苏雷利:新客户逐步进入量产阶段,预计四季度订单保持增速,未来汇率影响可控
- ·财务费用借贷方向是什么
- ·公积金废了吧
- · 虚拟货币交易平台有哪些
- · okx网页版
- · 数字货币交易所
- · 虚拟货币交易平台排名
- · 虚拟货币交易平台排名
- · 加密货币交易所
- · 数字货币交易app
- · 数字货币交易平台app
- · 虚拟货币交易
- · 十大虚拟货币交易平台app