SEC to Crypto: “Nice Blockchain, Shame If Something Happened to It” 😏

Apparently, broker-dealers can custody these tokenized goodies under existing customer protection rules, as long as they jump through a few hoops. Operational, security, and governance conditions? Check. Exclusive control over private keys? Double-check. Basically, the SEC is like, “You can play with blockchain, but we’re still holding the keys to the car.” 🚗🔑


