In contrast, custody services offer an experience akin to traditional asset custodians. For asset managers and advisors, custody services are the likelier choice given regulatory interpretations, risk management, technical capabilities, and best practices. These custody service providers oversee asset movements, settlement times, and security. However, lack of standardization due to insufficient regulation presents a challenge to advisors.
The Biden Administration Is Easing Up on Crypto (a Vibes Analysis)
It remains to be seen whether Biden will veto the measure, despite the fact that the independent Government Accountability Office...