The need for safekeeping and storage of cryptocurrencies, particularly for institutional customers and high net worth individuals, has driven digital asset custody to prominence, with many flavors on offer and firms commanding high valuations. The issue has also drawn the attention of the U.S. Securities and Exchange Commission (SEC), which has put out proposed rulemaking on custody issues.
USDC Issuer Circle Files to Shift Legal Base to U.S. From Ireland Ahead of Planned IPO: Bloomberg
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