SEC Proposes Framework for Crypto Self-Custody by Investment Advisers
The U.S. Securities and Exchange Commission (SEC) has proposed a new regulatory framework that would allow investment advisers and regulated funds to self-custody crypto assets. This framework aims to provide a compliant pathway for holding digital assets under existing rules.
S. Securities and Exchange Commission on Thursday proposed a new regulatory framework for the custody of crypto assets by investment advisers and regulated funds. The framework is intended to provide a compliant path for holding digital assets under rules that largely predate the internet. The proposal is aimed at investment advisers and regulated funds and would establish a new framework for custody of crypto assets.