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Michael Saylor Launches a Bitcoin Adoption Conference | EP 678

Simply Bitcoin

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SCC Proposes Crypto Custody Rule Changes

SCC proposes rules that would change which crypto firms can custody customer assets. SCC also wants custodians to indemnify full asset value for losses in which custodian played any role. All the banks, Wall Street, commodities, and crypto industries will push back together on this because it would kill custody businesses broadly.

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