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Custody Takes Center Stage at SEC’s 3rd Crypto Roundtable "KYC " The U.S. Securities and Exchange Commission (SEC) announced on April 16 the agenda and panelists for its upcoming crypto custody roundtable, part of its ongoing initiative to address digital asset regulation. The third session in the series, titled “Know Your Custodian: Key Considerations for Crypto Custody,” will take place on April 25 at the SEC’s headquarters in Washington D.C. This session is part of the agency’s “Spring Sprint Toward Crypto Clarity,” a five-part public roundtable series launched by the SEC’s Crypto Task Force. Commissioner Hester M. Peirce, who leads the task force, stated: It is important for the SEC to grapple with custody issues, which are some of the most challenging as we seek to integrate crypto assets into our regulatory structure. We look forward to hearing from experts on these important issues.
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Babylon, a $4 billion Bitcoin staking protocol, and Axelar, a leading blockchain interoperability platform, have integrated to enable self-custodial Bitcoin (BTC) staking across over 70 blockchains, expanding Bitcoin's utility beyond its native network. Self-custodial staking means users retain control of their Bitcoin keys, enhancing security and aligning with Bitcoin's decentralized ethos, while staking on Babylon allows holders to secure other networks and earn rewards without inflation risks. Axelar’s technology connects more blockchains than any other interoperability provider, enabling seamless cross-chain operations, like trading or minting NFTs, which could drive broader adoption of Bitcoin in DeFi ecosystems. $BABY
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🚨 Ripple and the SEC have jointly requested a pause on the appeal, signaling that a settlement is in motion. Final approval from the commission is pending. #XRP #XRPArmy #XRPCommunity #XRPHolders $XRP
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