/biz/ - Business & Finance

>>29893292
>Custody. Examinations will review the risks and practices related to the custody of digital assets by investment advisers and examine for compliance with the custody rule
Actually they also go more in-depth into the technicals and cryptography involved with private key storage, so metamask and your private wallets fall more into that category desu
>National Securities Exchanges
Pic related is the paragraph related to the "exchange" part on goybase and such
To quote :
>A platform that operates as an “exchange” as defined under Section 3(a)(1) of the Exchange Act and Rule 3b-16(a) thereunder must register as a national securities exchange or operate pursuant to an exemption
This is actually something amazing as this not only builds the frame for the legal infrastructure of what a crypto "exchange" is, but it also paves for all those shitcoins ON these exchanges to be considered as either commodities, securities, or financial products like stocks.