Bernstein: SEC Tightening of Crypto Regulations Is not an Existential Threat

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The custody rule change is at the moment a proposal, and is favorable for bank-custodians and thus optimistic for crypto custodians similar to Anchorage, who’ve financial institution charters, and likewise custodians who function below state charters, analysts Gautam Chhugani and Manas Agrawal wrote.

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