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SEC crypto custody proposal, a 760-page plan released October 1, gives investment advisers and funds two new ways to hold your crypto: state trust companies, or holding it themselves when no custodian exists.
Summary
You'll want to know who holds the keys, and why a two-member SEC makes this rule easier to undo.
This is a brief wire summary, the full story (linked below) has the complete details.
KazaSec's take
Stories like this are part of why proactive security testing exists, finding the gap before someone else does is always cheaper than responding after the fact.
Coverage details
We've archived 449 other articles touching the same topic (crypto news, news) , see the full security news archive.
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