Regulation· ★★★★· neutral·

SEC Proposes Tailored Crypto Custody Framework for Advisers and Funds

  • —Proposal published October 1 under the Advisers Act and Investment Company Act
  • —Would permit self-custody in specified cases and state trust companies as custodians
  • —Public comment period set at 60 days after Federal Register publication
  • —Rules are not finalised; scope may change after feedback
Why it matters: The final rule will shape how institutional funds and advisers can legally hold crypto assets.
Source: Cryptonews.net
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