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SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto

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SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto

The proposal would let advisers and funds use state trust companies as custodians and permit self-custody under certain conditions, aiming to replace years of ambiguity with a clear compliance path.

Key Takeaways

  1. The proposal would let advisers and funds use state trust companies as custodians and permit self-custody under certain conditions, aiming to replace years of ambiguity with a clear compliance path.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on Decrypt

Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.