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.

The top 3

  1. SEC Proposal on Crypto Custody Compliance: The SEC has proposed new regulations to clarify how investment advisers and funds can hold crypto assets, moving away from past ambiguity by allowing state trust companies as custodians and setting strict conditions for self-custody.
  2. Top 3 Largest Crypto Custody Providers by Assets: Institutional-grade crypto custody has become a high-stakes competitive landscape dominated by firms managing billions in digital assets for corporate and sovereign clients.
  3. Most Significant Crypto Regulatory Conflicts in US History: The battle between the SEC and the crypto industry has defined the sector's growth, with these three major legal clashes setting the precedent for current custodial rules.

Sources

Open the full topic