SEC Proposes New Crypto Custody Rules
The US Securities and Exchange Commission proposed new rules to govern investment funds custody of crypto assets. SEC Chair Paul Atkins stated the regulations provide a clear framework for advisers.
The United States Securities and Exchange Commission proposed new rules on Thursday afternoon to govern how investment funds custody crypto assets. The move establishes a formal regulatory framework for digital holdings under federal securities laws. The regulations aim to give investment advisers and funds a compliant pathway for digital asset custody where none existed previously.
