The SEC has proposed a new crypto-custody framework for investment advisers and regulated funds.
It would allow limited adviser/fund self-custody when no permitted custodian is available, and would let state trust companies serve as crypto custodians under conditions.
Key risk: this is a proposal, not a final rule.
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#Bitcoin #Ethereum #CryptoRegulation
It would allow limited adviser/fund self-custody when no permitted custodian is available, and would let state trust companies serve as crypto custodians under conditions.
Key risk: this is a proposal, not a final rule.
$BTC $ETH
#Bitcoin #Ethereum #CryptoRegulation