EleanorTerrett：🚨NEW: The @SECGov’s crypto custody proposa…

An anti-CBDC banner outside the Bank of Korea in Seoul warns: “CBDC monitors and controls my assets. If a bank is hacked, all my assets could disappear. CBDC is very dangerous.” South Korea is testing a wholesale CBDC and bank-issued deposit tokens, but has not decided whether to issue a retail CBDC.

2026-10-02 06:3153488

Something else that stands out in the self-custody section is the proposal’s apparent focus on bankruptcy protections. It would require RIAs to have a written agreement with clients stating that crypto assets held in the adviser’s self-custody will be treated as financial assets under Article 8 of the Uniform Commercial Code. That may be intended to reduce the risk that clients lose their crypto if an adviser becomes insolvent — a concern the Clarity Act also tried to address.

2026-10-02 06:18873150

🚨NEW: The @SECGov’s crypto custody proposal for investment advisers and regulated funds has landed. It includes allowing self-custody in certain cases and state trust companies to serve as custodians.

2026-10-02 04:591.6K301

🇰🇷 Day 1 of @kbwofficial in Seoul! Catch me on @CoinDesk Live with the amazing @JennSanasie from 11AM-1PM KST. Later, I’ll sit down with @milesjennings, @millercwl, @ChrisBrummerDr and @wailum_kwok to talk about the path forward for crypto policy. Come say hi if you’re here! https://t.co/guVhrTnvFX

2026-09-30 09:091.6K71

🚨🗞️NEW: Where Does Risk Management End and Gambling Begin? Former CFTC Chairman Weighs In Plus, watch my full conversation with @patrickjwitt and Tyler Williams breaking down the Clarity Act’s failed Senate vote. And the week ahead + top stories. ⬇️ https://t.co/qNZbxkEljS

2026-09-29 17:1339263

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