Barron’s – In a story about the impact of crypto currency price declines, Healthy Markets Executive Director Tyler Gellasch is quoted saying “The issue is that—unlike with stock accounts where brokers are required to segregate customer assets—some crypto trading platforms commingle funds from many customers. I don’t think there’s any reasonable way for a retail crypto consumer to have confidence that their broker or trading venue is custodying their assets in a bankruptcy-remote way unless they get a very specific disclosure that they are,” (Full Story).
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