@newscypto
π¨ BREAKING: THE SEC JUST ISSUED AN OFFICIAL CRYPTO CUSTODY GUIDE π¨
The U.S. Securities and Exchange Commission just dropped a massive Investor Bulletin on how to store your Bitcoin and crypto.
This is a regulator-backed baseline for your security. Here is what you need to know π
WHATβS INSIDE THE GUIDE:
π Self-Custody vs. 3rd Party: A complete risk/benefit breakdown.
π₯ Hot Wallets: Warnings on cyber threats and exchange vulnerabilities.
βοΈ Cold Wallets: The gold standard for security (but mind the physical risks!).
π Private Keys: Official guidance on protecting seed phrases.
π Vetting Custodians: Critical questions to ask about insurance & rehypothecation
WHY THIS MATTERS:
For the first time, we have an authoritative, non-promotional primer from the SEC that effectively validates self-custody best practices.
Whether you hold on an exchange or a ledger, this is the new standard for risk management. π‘οΈ
Don't get wrecked. Get educated.