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:白银TD)
- ·审计的询证函费用怎么记账
- ·显卡怎么进行挖矿 显卡怎么进行挖矿操作
- ·火币网与云币网区别
- ·2005 年以来第一次,美联储「罕见分歧」,敏锐的交易员「接下来有没有大幅降息不好说了」
- ·股票债券付息
- ·以太坊(ETH)可能比预期更快达到 3,000 美元,原因如下
- ·代发工资和转账有什么区别
- ·创下历史新高或遭拒绝:BTC 价格略低于累计空头仓位 109,000 美元
- ·火币网不能提现了
- ·股票合作骗局
- ·股票佣金包含什么-股票佣金包含什么费用
- ·中西是什么钱币
- ·在微粒贷上做贷款容易吗,条件是什么呢?
- ·小树时代怎么提现呢?我想从小树时代上申请提取一笔现金。
- ·广州公积金贷款查询方法是什么,我想看看我的贷款情况
- ·拍拍贷怎么样,上面的借款可信吗?
- · okx官方
- · 欧易正规
- ·欧易交易所下载
- · 欧易最新版本
- · oe交易所app下载
- · okb交易所官网
- · 虚拟货币交易平台有哪些
- · 欧易开户
- · 十大虚拟货币交易平台app