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#SEC crypto custody rules

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SEC Opens Door to Crypto Self-Custody for Investment Advisers and Funds
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SEC Opens Door to Crypto Self-Custody for Investment Advisers and Funds

Key Highlights The U.S. Securities and Exchange Commission has proposed new crypto custody rules. The framework could allow self-custody in certain circumstances. State trust companies could be permitted to hold clients’ crypto assets. SEC Proposes New Crypto Custody Framework The U.S. Securities and Exchange Commission has proposed new cryptocurrency custody rules covering registered investment advisers ...

U.S. SEC Outlines Crypto Custody Rules in New Proposal Advancing Digital Assets Agenda
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U.S. SEC Outlines Crypto Custody Rules in New Proposal Advancing Digital Assets Agenda

Key Highlights: The SEC has proposed a rule to clarify how investment firms can custody and retain customer crypto assets. The proposal would establish requirements for crypto custody, recordkeeping, disclosures, industry practices, and audits. The 60-day public comment proposal would allow self-custody under certain circumstances and permit state-chartered trusts to act as custodians. SEC Proposes ...