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#State trust companies

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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 ...