SEC Proposes New Crypto Custody Rule for Investment Advisers
The SEC has proposed a crypto custody framework for investment advisers and funds, allowing self-custody in some cases and state trust companies as custodians.
Does allowing self-custody for regulated funds reduce risk by removing single points of failure, or does it increase risk by placing more responsibility on firms without banking-grade controls? The answer could shape how regulators everywhere balance innovation against investor protection. It also raises a quieter question: will state trust companies become the default gateway for institutional crypto custody, ahead of global banks that have moved more slowly into digital assets?
https://www.bonuz.xyz/en/blog/sec-crypto-custody-rule-investment-advisers
The SEC has proposed a crypto custody framework for investment advisers and funds, allowing self-custody in some cases and state trust companies as custodians.
Does allowing self-custody for regulated funds reduce risk by removing single points of failure, or does it increase risk by placing more responsibility on firms without banking-grade controls? The answer could shape how regulators everywhere balance innovation against investor protection. It also raises a quieter question: will state trust companies become the default gateway for institutional crypto custody, ahead of global banks that have moved more slowly into digital assets?
https://www.bonuz.xyz/en/blog/sec-crypto-custody-rule-investment-advisers
