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SEC proposes new crypto asset custody rules

Image of a bitcoin with a chart in the back showing its price movement.
Photo: Cheng Xin/Getty Images

The SEC has proposed a framework addressing crypto custody, including circumstances involving conditional self-custody.

The SEC has proposed new rules that would offer regulated investment advisers and funds clarity on crypto custody regulatory requirements, crucially enabling investment funds to hold crypto in self-custody under certain conditions, while requiring strict security protocols.

The proposed regulatory structure applies to registered investment advisers as well as regulated

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