SEC Proposes New Crypto Custody Rules — But They’re Not Final

The U.S. SEC has issued proposed rules related to crypto custody within the custody framework for registered investment advisers and regulated investment funds.

Important: This is a proposed rule, not a final regulation.

It does not mean the rules are already in effect for all crypto investors or exchanges, nor does it establish a certain impact on crypto prices or adoption.

Beginner takeaway:
When reading regulatory news, always check the status first:

Proposed → Final → Effective.

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