🚀 Big news in the crypto world! Galois Capital settles with the SEC for $225K over custody failures. While the fine seems small, the impact on RIAs and digital asset custodians is HUGE! 🌐

🔍 The SEC's move signals tighter regulations for crypto custody, emphasizing the need for qualified custodians. Galois Capital's assets were improperly held at FTX, leading to customer losses when FTX collapsed.

💡 RIAs, it's time to review your custody arrangements and ensure compliance with SEC standards. Let's discuss: How do you think this will shape the future of crypto custody? Comment below! #CryptoNews #Blockchain