THE SEC WANTS TO OPEN A NEW DOOR FOR CRYPTO INSTITUTIONS đșđž
The SEC has proposed new rules that would give investment advisers and regulated funds clearer rules for holding crypto assets.
Under certain conditions, the proposal could also allow self-custody and the use of state trust companies.
Funds + advisers
Crypto custody
Self-custody under certain conditions
Clearer regulatory framework
SEC Chairman Paul Atkins said current rules have not kept up with a crypto industry that has grown into a multi-trillion-dollar market.
â ïž Important: This is not a final rule yet. It is only a proposal, with a 60-day public comment period after publication in the Federal Register.
đ Less regulatory uncertainty could make it easier for institutions to enter crypto.
#DrYo242 â Your shield against volatility.
$BTC $ETH $BNB #bitcoin
#secproposescryptocustodyrules #secapproves3xlongcryptocommodityetps
The SEC has proposed new rules that would give investment advisers and regulated funds clearer rules for holding crypto assets.
Under certain conditions, the proposal could also allow self-custody and the use of state trust companies.
Funds + advisers
Crypto custody
Self-custody under certain conditions
Clearer regulatory framework
SEC Chairman Paul Atkins said current rules have not kept up with a crypto industry that has grown into a multi-trillion-dollar market.
â ïž Important: This is not a final rule yet. It is only a proposal, with a 60-day public comment period after publication in the Federal Register.
đ Less regulatory uncertainty could make it easier for institutions to enter crypto.
#DrYo242 â Your shield against volatility.
$BTC $ETH $BNB #bitcoin
#secproposescryptocustodyrules #secapproves3xlongcryptocommodityetps
