U.S. Crypto Regulation Sees Key Developments Amid Policy Proposals and Probes

Regulators engage in discussions signaling more cooperation, though uncertainties around custody rules and compliance remain.

Summary

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Terms & Concepts
  • Crypto Regulation: The set of laws, guidelines, and oversight mechanisms governing cryptocurrency activities, transactions, and entities within a jurisdiction.
  • Custody Rules: Regulatory requirements outlining how digital assets must be stored and safeguarded by custodians to protect investor holdings.
  • Policy Proposal: A formal suggestion or plan put forward by lawmakers or regulators aiming to introduce new rules or amend existing legislation.