Another important regulatory move in the U.S. crypto market. ๐บ๐ธ
The SEC has proposed a new custody framework for registered investment advisers and regulated funds holding digital assets.
The interesting part? ๐
๐ Self-custody could be allowed in certain situations when an eligible custodian isn't available.
๐ฆ State-chartered trust companies could also provide custody services if they meet the proposed requirements.
๐ก๏ธ The framework focuses on asset protection, segregation, private-key security, theft, loss and misuse.
For $BTC , $ETH and $SOL, clearer institutional custody rules could matter because custody has been one of the biggest hurdles for traditional financial firms entering digital assets.
But don't confuse a proposal with a final rule.
The SEC is opening a 60-day public-comment period, and the framework can still change before adoption.
For me, the important part is what comes next:
Custody clarity โ institutional access โ potential broader digital-asset participation.
Watching the rulemaking, not just the headline.
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