US lawmakers seek SEC explanation regarding crypto platform

Lawmakers have requested Chair Gensler to elucidate the SEC’s position in an SPBD’s skill to custody non-securities. American lawmakers, under the leadership of Patrick McHenry, sent a clarification letter to Gary Gensler, Chair, SEC.  The lawmakers requested clarification about the SEC’s position concerning an SPBD’s (Special Purpose Broker Dealer) non-security digital assets custody. They appealed …