$BTC
The U.S. Securities and Exchange Commission (SEC) has delivered custody rules for crypto assets to the White House
Will institutions enter the market?
The U.S. SEC has recently done a good job
By submitting new custody rules for Crypto to the White House
In the future, how will U.S. investment advisers and asset management firms
custody crypto assets like BTC on behalf of clients
This may require redefining the rules
The SEC’s direction this time is also clear
Amending certain requirements that have become outdated
At the same time, clarifying crypto-asset custody rules
Some may think that regulation has arrived
And that this is also a negative development
But in my opinion, it is indeed a positive one
Real big money
What they truly fear most is not regulation, but the absence of rules
The future of crypto should move toward greater institutionalization
And these matters are like infrastructure for an entire country—extremely important
Only when the systems are completed
And the rules are clear
Will more and more people start dealing with crypto
And accept it
And only then does real takeoff begin
If America in the future truly builds the complete crypto system—
issuance, trading, custody, and clearing—in an integrated way...
Then a major market wave may start for real

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