In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds

In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds


“As stewards of others’ assets, virtual currency entities (‘VCEs”) that act as custodians (“VCE Custodians”) play an important role in the financial system and, therefore, a comprehensive and safe regulatory framework is vital to protecting customers and preserving trust,” the NYDFS said.

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend