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)
- ·前纽约联储主席杜德利:美联储应为市场的意外做好准备
- ·Onyxcoin (XCN)怎么买?Onyxcoin (XCN)在哪里买卖交易?
- ·多空飞弹中的黄金逆袭:下一个爆点在哪里?|黄金头条
- ·琥珀币 (AMB) 的投资机遇及交易所推荐
- ·有人知道广发车主卡额度多少封顶吗?
- ·运费增值税的账务处理怎么做
- ·比特币开发者提议优化铭文过滤功能
- ·股票交易费怎么计算
- ·51人品贷申请流程是什么,有用过的人知道吗?
- ·币特币价格今日行情
- ·火币网积分
- ·腾讯上市股票-腾讯上市股票多少钱一股
- ·SEC 指控 Unicoin 及其高管涉嫌 1.1 亿美元加密货币欺诈
- ·柔付币历史最高多少-
- ·合同履约成本科目核算哪些内容
- ·门罗币减半行情
- · 数字货币交易平台app
- · 数字货币交易所
- · 十大虚拟货币交易平台app
- · ok币
- · 亿欧交易所下载
- · 虚拟货币交易平台排名
- · okb交易所官网
- · 欧易正规
- · 0kx交易所官网
- · 数字货币交易app