Regulation· ★★★★· bullish·

SEC Proposes Self-Custody Route for Investment Advisers' Crypto

  • —SEC proposes allowing investment advisers to self-custody client crypto assets
  • —Proposal sets conditions for custody at state trust companies
  • —Public comment period runs 60 days after Federal Register publication
Why it matters: The rules would clarify how registered advisers can hold client crypto, reducing regulatory uncertainty for institutional adoption.
Source: The Defiant
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