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.

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.