ilmscore | Prediction Details
"it has effectively told banks that it's unsafe to custody crypto this is because it requires them to report custody crypto as if it was an asset on their balance sheets"
By Coin Bureau | September 19, 2023 | Pending
From video
The SEC Won’t Stop!! Here’s What Gary Gensler Said!! 00:15:22 - 00:15:32
Interpreted Prediction
The SEC's rules make it difficult for banks to custody crypto by requiring it to be reported as a balance sheet asset, thus imposing significant regulations.

Prediction Details

Topic
SEC and Crypto Custody for Banks

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