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SEC Chair Pushes Crypto Self-Custody in New Regulatory Framework

News.Bitcoin.com
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SEC Chair Pushes Crypto Self-Custody in New Regulatory Framework

SEC Chair Paul Atkins has asked staff to develop a proposal allowing investment advisers to self-custody crypto assets under certain conditions. The plan would also permit state trust companies to serve as custodians for advisers and regulated funds. Atkins Wants Advisers to Self-Custody Crypto Assets Investment advisers could gain a clearer path to holding crypto […]

Key Takeaways

  1. SEC Chair Paul Atkins has asked staff to develop a proposal allowing investment advisers to self-custody crypto assets under certain conditions.
  2. The plan would also permit state trust companies to serve as custodians for advisers and regulated funds.
  3. Atkins Wants Advisers to Self-Custody Crypto Assets Investment advisers could gain a clearer path to holding crypto […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.