Custody has been a quiet bottleneck for crypto investing. Some advisers have turned down token allocations because they had nowhere to hold them.
The SEC's new proposal could change that. 60-day comment window opens soon. #SEC #Crypto
chainaffairs.com/sec-proposes...
chainaffairs.com
SEC Proposes Letting Investment Advisers Hold Client Crypto Themselves -
The US Securities and Exchange Commission wants to loosen the rules on how investment advisers and funds safeguard digital assets,