Crypto-Related Firms Should Treat Crypto Custody Arrangements as Liability: US SEC

Crypto-Related Firms

The U.S. Securities and Exchange Commission(SEC) said cryptocurrency-related U.S.-listed companies should associate with those assets to arsenic liabilities and disclose the potential risks to investors, Reuters reported. These listed companies include cryptocurrency exchanges and related arsenic retail brokers and banks. The SEC announcement reads: Relevant listed companies should also make abstract disclosures to the public […]