ESMA to review the resilience of crypto custodians
AI Summary
ESMA is diving into the operational resilience and governance of crypto custodians, a move that underscores growing regulatory scrutiny over digital asset management. This initiative is crucial as it aims to ensure that these custodians can withstand potential disruptions, safeguarding the stability of the broader financial system. With crypto's volatility and increasing adoption, this review could set new standards for security and oversight in the industry, potentially influencing global crypto market practices.
Original Source
Read the full article at Finextra →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.