Yellen also addressed the U.S. Securities and Exchange Commission’s proposal to further restrict how investment firms custody their client’s assets, including their crypto holdings. The proposed rule, which is on the agency’s agenda to complete this year, would require a wider range of client assets to be held with “qualified custodians,” and it has drawn criticism from bankers, some lawmakers and even other regulators about its potential effects.
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by...