U.S. House Committee Rejects SEC Custody Guidance, Considers Boosting Anti-Crypto Crime Measures
Thursday, 29 February 2024, 17:51
House Committee Rejects SEC Guidance
The U.S. House Financial Services Committee voted to disapprove the controversial SEC custody guidance, a move that could have significant implications on custody practices in the financial sector.
Increased Resources for Crypto Crime Probes
The committee discussed a bill that would provide the U.S. Secret Service with more resources to investigate crypto crimes, highlighting the growing concerns around illicit activities involving digital assets.
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