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:现货银)
- ·增值税留抵税额怎么账务处理
- ·莱特币生成新钱包-莱特币生成新钱包怎么用
- ·火币莱特币交易平台
- ·FTX and Bybit exchange reach a settlement agreement of 228 million magnesium, and the day of claims is just around the corner?
- ·火币比特时代
- ·qfii股票
- ·比特币价格接近历史高点,而谷歌搜索趋势仍然低迷,发生了什么?
- ·Tellor (TRB) 哪里可以买?推荐三大交易平台!
- ·谷歌亮出AI搜索“王牌”!要把你问的问题拆开搜索,还能现场对话
- ·股票账户怎么存钱-股票账户怎么存钱进去
- ·2017挖什么币赚钱 2020挖什么币最赚钱
- ·以太币比特交易软件-以太币比特交易软件有哪些
- ·埃隆·马斯克警告称,到 2026 年底,人工智能的增长可能引发电力短缺
- ·BTC突破96000美元,24小时涨幅达0.95%
- ·瑞士比特币银行获得阿布扎比国际金融中心金融服务监管局的原则性批准
- ·bat币交易平台
- · 欧易交易所 电脑
- · 欧易最新版本
- · okb交易所官网
- · 加密货币交易所
- · 亿欧app下载
- · 欧易开户
- · okcoin交易平台
- · 欧亿交易所怎么样。
- · 全球三大虚拟货币交易平台
- · 0kx交易所官网