🚨 SEC PROPOSES CRYPTO SELF-CUSTODY RULES
Registered advisers and funds could be allowed to hold crypto directly when an approved custodian is unavailable.
The proposal includes strict security checks, separate wallet addresses and multi-person approval for transfers.
It is not final yet a 60-day public comment period comes next. Still, this could give institutions more flexibility to enter crypto. 👀
$BTC #sec #crypto
Registered advisers and funds could be allowed to hold crypto directly when an approved custodian is unavailable.
The proposal includes strict security checks, separate wallet addresses and multi-person approval for transfers.
It is not final yet a 60-day public comment period comes next. Still, this could give institutions more flexibility to enter crypto. 👀
$BTC #sec #crypto
