đš THE SEC ISNâT ASKING WHETHER WALL STREET CAN HOLD CRYPTO ANYMORE â ITâS WRITING THE RULES FOR HOW.
The SEC just proposed a new custody framework for registered investment advisers and funds, giving institutions a clearer path to hold crypto under federal securities rules.
That sounds boring.
It isnât.
Custody has been one of the biggest institutional roadblocks in crypto:
Who can hold the assets?
How must they be segregated?
What controls are required?
Who is responsible when something breaks?
The new proposal is aimed directly at those questions.
And that changes the conversation.
A few years ago, Wall Street was debating whether crypto belonged in portfolios at all.
Now regulators are debating how advisers and funds should custody it properly.
Thatâs a very different phase of adoption.
The next wave may not come from retail FOMO.
It may come from compliance departments finally getting a rulebook. đ
$BTC $ETH $COIN
#nfpwatch #BitcoinRisesToward$85K #AmazonPlansToSell$8BNvidiaChips #NEARFallsToAround$4.70Down14% #EthereumFoundationLaunchesZkAPIOnMainnet
The SEC just proposed a new custody framework for registered investment advisers and funds, giving institutions a clearer path to hold crypto under federal securities rules.
That sounds boring.
It isnât.
Custody has been one of the biggest institutional roadblocks in crypto:
Who can hold the assets?
How must they be segregated?
What controls are required?
Who is responsible when something breaks?
The new proposal is aimed directly at those questions.
And that changes the conversation.
A few years ago, Wall Street was debating whether crypto belonged in portfolios at all.
Now regulators are debating how advisers and funds should custody it properly.
Thatâs a very different phase of adoption.
The next wave may not come from retail FOMO.
It may come from compliance departments finally getting a rulebook. đ
$BTC $ETH $COIN
#nfpwatch #BitcoinRisesToward$85K #AmazonPlansToSell$8BNvidiaChips #NEARFallsToAround$4.70Down14% #EthereumFoundationLaunchesZkAPIOnMainnet
