SEC proposes new crypto custody rules for investment advisers and funds.
The regulator has issued a proposed rule aimed at strengthening custody requirements for crypto assets held by investment advisers and funds.
The proposal marks a major development in the SEC’s approach to digital assets and comes as a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week.
The new rules could have a significant impact on how crypto assets are held, protected, and managed by investment firms and funds.
The regulator has issued a proposed rule aimed at strengthening custody requirements for crypto assets held by investment advisers and funds.
The proposal marks a major development in the SEC’s approach to digital assets and comes as a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week.
The new rules could have a significant impact on how crypto assets are held, protected, and managed by investment firms and funds.
