The SEC’s Custodian Move and the Future of Crypto Payroll
The SEC just dropped a bombshell by recognizing Ripple, Coinbase, and BitGo as qualified custodians for crypto assets. This could change the game for digital asset management and make it a lot easier for institutional investors to jump in. But with this shift comes a whole maze of regulations, especially for businesses diving into crypto payroll compliance. So, let’s break down what this means, the challenges ahead, and how companies can stay on top of their game.
What This Custodian Shift Means
The SEC’s guidance marks a massive change in the regulatory landscape, allowing Ripple, Coinbase, and BitGo to operate as custodians. This is a big deal because it gives more choices for custody and makes these platforms more trustworthy for…
