CoinScoopSEC Proposes New Rules for Crypto Asset Custody by Investment Advisers
The US Securities and Exchange Commission (SEC) has proposed new regulations to clarify custody requirements for investment advisers and regulated funds holding crypto assets. The proposal, which covers record-keeping, disclosure, and audit standards, is open for public comment for 60 days and may allow for self-custody under specific conditions.
Summaries are written by AI from the original article. Not investment advice.