The new SEC Chairman Paul Atkins: Today's roundtable focuses on whether to amend existing rules or establish a new framework for cryptocurrency brokers
The new SEC Chairman Paul Atkins stated at the third cryptocurrency roundtable: "The focus of today's roundtable discussion is on the challenges faced by SEC registrants when attempting to securely custody crypto assets for clients in accordance with federal securities laws. Should the custody rules under the Securities Act, the Investment Advisers Act, or the Investment Company Act be amended to accommodate the unique brokerage activities related to crypto assets, making it feasible for market participants, or is a new framework for cryptocurrency brokers needed?"
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
TSMC approves investment of up to $500 million in OpenAI preferred shares
Racing toward a trillion-dollar IPO! Anthropic lowers fundraising target to $64.4 billion, seven major tech giants invest an additional $26 billion, proposed offering price set at $70-78
Anthropic plans to publicly offer shares to raise up to 64.4 billions USD, which is lower than the 69.3 billions USD in its previously withdrawn version. The offering price range is set at 70 to 78 USD per share. Seven tech giants, including Alphabet, Nvidia, and AMD, will separately invest a total of 26 billions USD through private placements. Based on the upper offering price of 78 USD, Anthropic's valuation would be around 102 billions USD.
Crypto prices
More
