The U.S. Securities and Exchange Commission has issued crypto custody guidance aimed at registered investment advisers, according to a Techub News brief citing Crypto Briefing. The guidance is intended to give advisers and investment companies greater clarity on how crypto assets can be held under the regulatory framework. It may also broaden the range of custodians available to them. The report said the move could reshape parts of the digital asset management business by affecting how firms choose custody arrangements for client assets. No additional details were provided in the brief.
The U.S. Securities and Exchange Commission (SEC) has released crypto custody guidance for registered investment advisers, according to a Techub News item that cited Crypto Briefing.
The guidance is meant to provide clarity for investment advisers and investment companies. It could also expand the range of custodians they are able to choose from, a change that the report said may reshape the crypto asset management sector.
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