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)
- XZC零币今日价格
- 精锻科技(300258.SZ):公司产品主要出口欧美和东南亚等国家
- 莱特币钱包密码丢失-莱特币钱包密码丢失怎么办
- 10月31日国富新趋势混合A净值增长0.10%,今年来累计上涨4.17%
- 瑞波官司今日消息
- 10月31日易方达趋势优选混合A净值下跌0.22%,近6个月累计下跌0.26%
- 狗狗币挖矿软件cpu
- 中科信息:面向智能建造的无人作业机器人已开始试点使用,将根据业务状况持续优化产品
- FTX启动第二轮50亿美元还款计划:债权人偿付细节公布
- nicehash是什么-nicehash是什么啊
- 区块链交易平台开发
- 芝麻交易所虚拟货币apk下载-芝麻交易所币币交易所网页版v6.7.0下载
- 今日币读app
- 10月31日国联匠心优选混合C净值下跌0.44%,近1个月累计上涨0.04%
- 佰维存储收盘跌0.62%,主力资金净流出1.08亿元
- 建设工程必须要买哪些保险?有哪些强制保险要求?
- 10月31日金鹰碳中和混合发起式A净值下跌0.72%,近1个月累计下跌2.55%
- meme币交易平台下载 meme币虚拟币交易平台官网
- 10月31日易方达信息行业精选股票C净值下跌0.01%,近1个月累计上涨1.41%
- 10月31日兴业聚源混合C净值增长0.14%,今年来累计上涨5.12%
- 虚拟货币交易平台排名 views+
- okx网页版 views+
- 易欧app官网下载 views+
- OK交易所官网入口登录 views+
- 数字货币交易app views+
- 亿欧交易所下载 views+
- oe交易所app下载 views+
- 虚拟货币交易平台有哪些 views+
- 虚拟货币交易 views+
- 全球三大虚拟货币交易平台 views+