The #SEC is preparing an overhaul of crypto custody rules for investment firms, aiming to clarify how advisers can safely hold digital assets for clients.
The move could remove another major layer of uncertainty for traditional financial firms looking to enter crypto.
Clearer custody rules would make it easier for investment advisers, asset managers and other institutions to determine who can hold client crypto, how those assets should be safeguarded and what regulatory requirements apply.
That matters because custody has been one of the biggest hurdles between institutional capital and digital assets. The SEC has already been moving toward a broader crypto regulatory framework, including its new Regulation #crypto Assets proposal.
If custody rules become clearer, more traditional firms could have a defined path to offer crypto exposure without navigating regulatory uncertainty.
The U.S. isn’t just trying to regulate crypto anymore. It’s starting to build the rules for Wall Street to actually hold it.
$BTC $ETH
The move could remove another major layer of uncertainty for traditional financial firms looking to enter crypto.
Clearer custody rules would make it easier for investment advisers, asset managers and other institutions to determine who can hold client crypto, how those assets should be safeguarded and what regulatory requirements apply.
That matters because custody has been one of the biggest hurdles between institutional capital and digital assets. The SEC has already been moving toward a broader crypto regulatory framework, including its new Regulation #crypto Assets proposal.
If custody rules become clearer, more traditional firms could have a defined path to offer crypto exposure without navigating regulatory uncertainty.
The U.S. isn’t just trying to regulate crypto anymore. It’s starting to build the rules for Wall Street to actually hold it.
$BTC $ETH
