SEC Crypto Custody Showdown Starts Tomorrow—Brace for Bureaucratic Theater
Wall Street’s favorite regulators are at it again—hosting a ’roundtable’ on crypto custody while the industry waits for clear rules. Key points to watch: How many times ’investor protection’ gets muttered vs. actual solutions proposed. Will the SEC finally acknowledge that banks aren’t the only ones who can hold keys? Or will this just be another performative delay tactic? Place your bets—the house (aka Gary Gensler) always wins.