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Crypto may ‘force’ SEC to modernize rules: Hester Peirce

Hester Peirce SEC

The regulator is taking ownership of the work that is needed to provide some comfort around custody issues in the crypto space. 'The bottom line message I have is that we have work to do,' she said.

The rapidly evolving cryptocurrency marketplace and increased investor interest may push the Securities and Exchange Commission to take a harder look at modernizing custody rules. 

Financial advisers have lacked confidence in crypto custody services, and the regulator is taking ownership of the

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