Wall Street Regulator Proposes Rules on Investment Adviser Crypto Asset Custody

U.S. SEC maps out crypto custody in new proposal that furthers its digital assets agenda

The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week.

Wall Street regulator proposes rules on investment adviser crypto asset custody

WASHINGTON, Oct 1 (Reuters) - The US Securities ​and Exchange ‌Commission on Thursday proposed new rules it ‌said ​would ⁠help govern investment ⁠funds' custody of crypto assets under federal ​securities laws, according ⁠to a ⁠statement. SEC Chair ​Pau...

SEC Proposes New Rules On Crypto Custody

The U.S. Securities and Exchange Commission has proposed new rules to update how investment advisers and regulated funds hold assets, with a big focus on crypto. In a statement Thursday, the Wall Street watchdog said it would allow advisers and funds acting through their advisers, to hold client crypto themselves, but only if no permitted custodian is available.  Regulators are pushing ahead with rulemaking for the digital asset space despite la…

SEC Proposes Crypto Custody Rules With a Self-Custody Option

Announced on October 1, the framework covers registered investment advisers and regulated funds, including registered investment companies and business development […]

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.