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SEC Proposal Would Address How Investment Advisers and Funds Can Custody Crypto Assets Under the Federal Securities Laws

The SEC has proposed new rules to establish a formal regulatory framework for the custody of crypto assets by registered investment advisers and regulated funds, aiming to replace existing uncertainty with clear compliance pathways.

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Read the original report at SEC Crypto Newsroom
Why It Matters

The proposal addresses a significant regulatory gap, potentially enabling institutional adoption by providing a legal structure for custody that was previously ambiguous or restricted.