🏠 SEC will create new rules for funds and investment advisors
According to Bloomberg, the regulator will soon publish the full text of a new draft in which:
➖ They will remove some outdated requirements
➖ They will clearly set out rules for the custody of digital assets, without violating SEC requirements
The document is currently being reviewed by the SEC, after which it will be put out for public comment for 2 months and then approved. Clear rules can attract more attention from institutional players and more capital into crypto
$BTC
$ETH
$USDC
According to Bloomberg, the regulator will soon publish the full text of a new draft in which:
➖ They will remove some outdated requirements
➖ They will clearly set out rules for the custody of digital assets, without violating SEC requirements
The document is currently being reviewed by the SEC, after which it will be put out for public comment for 2 months and then approved. Clear rules can attract more attention from institutional players and more capital into crypto
$BTC
$ETH
$USDC
