The bill specifies rules for handling digital assets when exchanges or custodians go bankrupt

Odaily Planet Daily News Fox Business crypto journalist posted on platform X, stating that the bill specifies rules for handling digital assets when exchanges or custodians go bankrupt. The bill helps ensure that customer assets receive the same protection as traditional financial assets and still belong to the customer, rather than becoming part of the company's bankruptcy estate. This may help avoid a repeat of a situation similar to FTX.