Regulation· ★★★· bullish·

SEC Custody Proposal Could Give Advisors More Room to Hold XRP

  • —The October 1 proposal clarifies custody for advisors and regulated funds
  • —State trust companies would be allowed to serve as crypto custodians
  • —Limited advisor self-custody would be permitted when no qualified custodian exists
  • —Regulated funds could use brokerage firms for crypto custody
Why it matters: Clearer custody rules could widen advisor access to XRP, though adoption and fresh buying would not follow automatically.
#XRP
Source: DailyCoin
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