THIS COULD MATTER MORE TO CRYPTO THAN ANOTHER PRICE PREDICTION.
The SEC has proposed a new framework for **crypto custody**.
One detail caught my attention:
The proposal could allow **self-custody in certain circumstances** when a qualified custodian isn't available.
It also addresses:
Private-key security
Cybersecurity
Asset segregation
Oversight
But don't confuse this with a new rule already being in force.
It's still a **proposal**, with a 60-day public comment period after Federal Register publication.
And here's the bigger question:
If regulators make crypto custody clearer for investment advisers and regulated funds…
**Does that make institutional crypto adoption easier?**
Or does regulation simply add another layer of complexity?
I want to hear the community's take on this one.
#CryptoNewss #SEC #BTC #Ethereum #BinanceSquare
$AAPL.US $GOOGL.US $NVDAB
The SEC has proposed a new framework for **crypto custody**.
One detail caught my attention:
The proposal could allow **self-custody in certain circumstances** when a qualified custodian isn't available.
It also addresses:
Private-key security
Cybersecurity
Asset segregation
Oversight
But don't confuse this with a new rule already being in force.
It's still a **proposal**, with a 60-day public comment period after Federal Register publication.
And here's the bigger question:
If regulators make crypto custody clearer for investment advisers and regulated funds…
**Does that make institutional crypto adoption easier?**
Or does regulation simply add another layer of complexity?
I want to hear the community's take on this one.
#CryptoNewss #SEC #BTC #Ethereum #BinanceSquare
$AAPL.US $GOOGL.US $NVDAB