The SEC’s Division of Corporation Finance has issued updated staff guidance on public reporting expectations for digital asset depositories and crypto custody arrangements. The guidance focuses on how public companies should disclose balance sheet treatment and risk factors when holding crypto assets on behalf of third-party customers. It targets custodians, exchanges, digital asset platforms, and any public company handling customer crypto assets. This is staff guidance and not formal Commission rulemaking, though it may influence regulatory filing preparations and disclosure practices.
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