Coinbase Pushes Back Against SEC’s Proposed Crypto Custody Regulation
Coinbase has requested changes to the U.S. Securities and Exchange Commission's (SEC) proposed regulation on registered investment advisers' (RIAs) responsibilities to hold client assets with qualified custodians. In a letter sent to the U.S. SEC on May 9, 2023, the exchange argued that the proposed rulemaking, Safeguarding Advisory Client Assets, ...
