SEC Issues New Reporting Guidance For Digital Asset Custody Firms

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 centers on how public companies disclose balance sheet treatment and risk factors when they hold crypto assets on behalf of third-party customers. That makes it important for custodians, exchanges, digital asset platforms, and any public company handling customer crypto.
This is staff guidance, not formal C