Proud to see our CEO, @SeamusRocca, featured in @pymnts, sharing key insights on the importance of secure digital asset custody and regulatory clarity.
"Seamus Rocca, CEO of bitcoin-enabled Xapo Bank, told PYMNTS that the SEC’s renewed focus on crypto customer is a “welcome step.”
“Secure custody of digital assets isn’t a technical nice-to-have — it’s the foundation of investor trust. But rules must reflect reality,” Rocca said.
Crypto custody is fundamentally different from traditional finance and needs “purpose-built infrastructure, not a retrofitted playbook. While crypto exchanges may seek to provide bank-like services, it’s vital to ensure that consumers are aware of the stark difference in compliance and oversight,” he added.
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