🇺🇸 7. The SEC continues to build a new crypto policy
The SEC’s official data page today shows that the agency announced new actions over the past week, including a proposal concerning how investment advisers and funds custody digital assets under U.S. securities laws. �
This complements the CFTC’s move today:
SEC → securities, asset custody, and investment
CFTC → commodities, derivatives, and related crypto markets
This division could be one of the most important parts of the emerging U.S. regulatory framework.