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SEC proposes rules allowing advisers to self-custody crypto

Original: SEC proposes framework letting investment advisers and funds self-custody crypto The SEC proposed a framework letting in

The US Securities and Exchange Commission has proposed a framework that would allow investment advisers and regulated funds to hold crypto assets directly in self-custody, and to use state-chartered trust companies as qualified custodians. If adopted, the rules would loosen current custody requirements and give institutional investors more flexibility in how they hold digital assets.

Why now: The proposal marks a notable shift in US crypto regulation and could reshape how institutional funds hold digital assets

SECinvestment advisersstate trust companiescrypto funds

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Evidence

• SEC proposes framework letting investment advisers and funds self-custody crypto The SEC proposed a framework letting investment advisers and regulated funds self-custody crypto and use state trust companies as custodians. https:// newisty.com/blog/sec-proposes-… · newisty

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