SEC Crypto Task Force Counsel Outlines Agency's Path Forward on Custody Rules

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Taylor Lindman, the SEC's chief crypto counsel and top lawyer on its Crypto Task Force, has shed light on the agency's direction regarding cryptocurrency custody. The SEC is focused on helping financial firms grow more comfortable with blockchain technology and digital assets. Lindman's remarks signal a shift toward a more accommodative regulatory approach under the agency's dedicated crypto unit. The guidance is aimed at clarifying how firms can handle and safeguard crypto assets within existing regulatory frameworks.

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