SEC Sends Proposal to White House To Modernize Crypto Custody
price
The SEC has submitted a formal proposal to the White House aimed at modernizing custody rules to better address crypto assets. This signals a regulatory push to adapt existing securities‑custody frameworks for digital‑asset custody, rather than leaving practices entirely to market custom. If adopted, the changes would likely reduce legal and operational uncertainty for custodians and investment advisers, easing institutional custody of Bitcoin and supporting broader institutional participation.
DYOR - Single Source
This feed has limited sources. Do your own research before making decisions.
Sources (1)
AI Research
AI deep dive is generated automatically for verified feeds.