Warning: Constant WP_MEMORY_LIMIT already defined in /home/digit/public_html/wp-config.php on line 98
Warning: Cannot modify header information - headers already sent by (output started at /home/digit/public_html/wp-config.php:98) in /home/digit/public_html/wp-includes/feed-rss2.php on line 8 custody assets – DIGIT INFO
https://www.digit.info
Bookmarking Crypto InsightsThu, 11 Jul 2024 01:47:06 +0000en-US
hourly
1 https://wordpress.org/?v=6.9.4https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.pngcustody assets – DIGIT INFO
https://www.digit.info
3232Fed Chair Powell Reaffirms Stance on Custody Assets Amid SEC Crypto Rule Controversy
https://www.digit.info/fed-chair-powell-reaffirms-stance-on-custody-assets-amid-sec-crypto-rule-controversy/
Thu, 11 Jul 2024 01:47:06 +0000https://www.digit.info/fed-chair-powell-reaffirms-stance-on-custody-assets-amid-sec-crypto-rule-controversy/Read more]]>On Wednesday, Federal Reserve Chair Jerome Powell testified before the U.S. House Financial Services Committee, where Congressman Josh Gottheimer (D-NJ) questioned him about the SEC’s Staff Accounting Bulletin (SAB) 121. This bulletin mandates that banks include digital assets held in custody on their balance sheets, significantly raising the cost of providing digital asset custody services. […]