Peirce, Uyeda criticize crypto custody chaos at SEC roundtable
SEC’s Peirce likens navigating unclear US crypto rules to “floor is lava.” Peirce flags uncertainty over asset classification and staking compliance. Commissioner Uyeda calls for broader crypto custody options (e.g., state trusts). Navigating the regulatory landscape for cryptocurrency in the United States feels akin to playing a high-stakes game of “the floor is lava,” according […]
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