SEC Custody Rule Wey Dem Wan Change Fit Affect Crypto Market And How Oga Dem Dey Invest

SEC acting Chair, Mark Uyeda, don dey show say dem fit change how dem dey regulate digital asset custody, wey dem dey reason again one strong rule wey Biden government talk say make dem do. This rule, wey dem first make to stop wahala for crypto industry like FTX, talk say all company must use qualified custodians, wey fit disqualify many exchanges and wallets. Uyeda yarn say plenty people dey worry about how the rule dey broad, wey make dem dey talk about wetin dem fit do instead or maybe dem go comot am completely. Manthan Dave, wey be co-founder of Palisade, argue say if dem get better guideline, e fit make asset management dey safer without forcing everybody to do one thing, wey fit bring more money from big companies as traditional finance dey enter the space well well. All this talk dey show say dem dey try follow Trump way wey support crypto before, wey fit change how dem dey regulate market and make things easy for people wey dey the industry.
Neutral
Di ting wey dey make SEC fit change dia custody rule back and di call for better guideline approach dey point to say regulation go dey relax small, wey fit bring more institutional interest and make things dey easy for exchange and wallet people. But di real impact go depend on how di new regulations go be and how market people go accept am, so market no too react for now.