bibibi.ccLoading…
Connect scattered updates into a story you can understand.
PANews, citing News1, reported that South Korea's Financial Services Commission reportedly held meetings with exchanges and custodians to discuss raising the cold wallet custody ratio from at least 80% to approximately 99%. The proposal has not yet been formally adopted.
Metaplanet CEO Simon Gerovich said that the Bitcoin network was not affected by the incident, and that all of the company’s BTC assets are held in cold storage by regulated custodians, and expressed support for Binance the teams handling the incident.
Binance founder CZ published a crypto-asset custody guide covering self-custody, centralized trading-platform account protection, and asset-inheritance arrangements. Users are advised to allocate assets according to their holding size, technical capabilities, and funding needs.
Arkham says it has tracked 847700 held by Strategy,BTC of which approximately 78%are represented by labeled wallets and assets held in custody by Fidelity Custody. In this snapshot, the value of its Bitcoin reserves was 55780000000 USD 71400000000 USD。
SEC Chair Atkins said that the current custody rules are difficult to adapt to crypto assets, and SEC has proposed custody rules and other crypto regulatory arrangements, with more proposals being prepared.
SEC Proposed crypto asset custody rules would establish custody, recordkeeping, disclosure, and audit requirements for investment advisers and regulated funds, while allowing self-custody and custody by state-chartered trust institutions under specific conditions.
BitGo CEO Mike Belshe said,CLARITY The failure of the Act could allow the risks of concentrating exchange, brokerage, and custody businesses within the same company to persist and could amplify market shocks.
Robinhood Johann Kerbrat, Head of Crypto, said that the platform's stock tokens correspond to real equity assets, and Robinhood Robinhood will purchase and custody the relevant shares.
It was reported that Australia ASIC is preparing to 2027 April launch a regulatory framework covering digital asset and tokenized asset custody platforms.ASIC It plans to issue consultation papers, guidance, and draft rules.
Golden Finance summarizes developments in digital asset regulation, law enforcement, and industry infrastructure in Australia, the United States, South Korea, and the United Kingdom, and also reports on a virtual currency money-laundering case investigated by police in Inner Mongolia.
According to PANews, citing Cointelegraph, Michael Saylor advocates establishing a “Digital Bill of Rights” for digital assets and proposes five fundamental rights: creating, issuing, holding or custodying, transferring, and using assets.
