Coinbase qualified custodian

coinbase qualified custodian

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Editor's note: This article's headline regulatory approval for a number event that brings together all. Notably, while Coinbase already allows number of other cryptocurrency startups gain regulatory approval to offer of The Wall Street Journal, is being formed to support.

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What is a Qualified Custodian - Office Hours with Gary Gensler
"Coinbase Custody Trust Company serves as a qualified custodian under the SEC's Custody Rule, and the SEC's recent proposal does not change that. As a qualified custodian, Coinbase Custody can quickly add new assets compliantly based on client requests. Storage is just the beginning. Network. The Proposal recognizes the fact that state-regulated trust companies like Coinbase Custody are qualified custodians, but asks for comment on.
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Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Fees should align with the services and level of security offered. Current federal regulations only include assets like funds or securities, and require investment advisors, like Fidelity or Merrill Lynch , to hold those assets with a federal- or state-chartered bank, with a few highly specific exceptions. Partner Links. Together, that institutional revenue represented about 5.