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Why the Newly Proposed Custody Role Could Represent a De Facto Ban on Crypto

The Breakdown

00:00

Coinbase Custody Trust Co

Coinbase is in the clear even in this new paradigm. They're publicly calling out and thanking the SEC for it doing what it's supposed to, which is going through a public rulemaking process. All the banking, Wall Street, commodities, and crypto industries will push back together on this because it could kill custody business broadly. There's one big issue though, which will trigger huge pushback.

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