SEC just dropped a proposal letting advisers & registered funds self-custody crypto when there's no qualified custodian around. Catch? Two-person approval on EVERY tx.
From a compliance angle, the controls make sense. But here's the real alpha: self-custody for $BTC just got institutional legitimacy baked into the rulebook.
This isn't just about custody—it's about legitimizing self-sovereign finance at the institutional level. Bullish signal for long-term adoption.
From a compliance angle, the controls make sense. But here's the real alpha: self-custody for $BTC just got institutional legitimacy baked into the rulebook.
This isn't just about custody—it's about legitimizing self-sovereign finance at the institutional level. Bullish signal for long-term adoption.