Forward Industries Proposes Three-Tier Regulatory Framework for Crypto Vaults
Forward Industries (NASDAQ: FWDI) has released a white paper responding to SEC Commissioner Hester Peirce's July 2026 statement, 'Headstands and Summervaults.' The company proposes a three-tier regulatory framework for crypto vaults: Type I (Use) for unhosted software, Type II (Follow) for strategy-following models similar to AngelList, and Type III (Advised) for actively managed assets.
Summaries are written by AI from the original article. Not investment advice.