🚨 SEC JUST OPENED A NEW DOOR FOR CRYPTO CUSTODY 👀🔓
The U.S. SEC has proposed a new framework that could change how investment advisers and regulated funds handle crypto assets.
And one detail immediately stands out 👇
🔐 SELF-CUSTODY COULD BE ALLOWED
Under certain conditions, advisers and funds could self-custody crypto when a qualified custodian isn’t available. The proposal would also allow the use of state-chartered trust companies as custodians.
📄 The SEC says the goal is to create a clearer compliance path for crypto custody under the existing federal securities laws.
The proposal also updates custody, recordkeeping and disclosure requirements — bringing rules created long before crypto into a framework designed for digital assets.
⏳ The proposal is now open for a 60-day public comment period before the SEC considers next steps.
This could become an important development for institutional crypto adoption, especially if clearer custody rules make it easier for advisers and funds to participate.
👀 But the bigger question is:
Could clearer custody rules unlock another wave of institutional money into crypto?
$BTC $ETH $SOL
#SelfCustody #bitcoin.” #Ethereum #Solana #Regulation
The U.S. SEC has proposed a new framework that could change how investment advisers and regulated funds handle crypto assets.
And one detail immediately stands out 👇
🔐 SELF-CUSTODY COULD BE ALLOWED
Under certain conditions, advisers and funds could self-custody crypto when a qualified custodian isn’t available. The proposal would also allow the use of state-chartered trust companies as custodians.
📄 The SEC says the goal is to create a clearer compliance path for crypto custody under the existing federal securities laws.
The proposal also updates custody, recordkeeping and disclosure requirements — bringing rules created long before crypto into a framework designed for digital assets.
⏳ The proposal is now open for a 60-day public comment period before the SEC considers next steps.
This could become an important development for institutional crypto adoption, especially if clearer custody rules make it easier for advisers and funds to participate.
👀 But the bigger question is:
Could clearer custody rules unlock another wave of institutional money into crypto?
$BTC $ETH $SOL
#SelfCustody #bitcoin.” #Ethereum #Solana #Regulation
