regulation and policy
SEC Opens Crypto Self-Custody Path for Investment Advisers
15Importance
closedStatus
8News media
8Pieces
- Published
- Updated
- Since then
- 7 new reports
- Also mentions
- BTC
The SEC proposed a new crypto custody framework for registered investment advisers and regulated funds, including a path for self-custody in certain cases. It also described state trust companies as potential custodians and opened a 60-day public comment window after Federal Register publication.
Key claims & sources
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The proposal enters a 60-day comment period after Federal Register publication.
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State trust companies were included as possible custodians under the new framework.
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The proposal was described as a way to replace years of ambiguity with a clearer compliance path.
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The proposal allows self-custody in some cases, including when no qualified custodian is available.
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The SEC proposed rules on Thursday for how registered investment advisers and regulated funds may custody crypto assets.
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The framework is aimed at investment advisers and funds that have faced custody requirements before offering certain crypto to clients.
Market reaction i
-0.4%
2 h before
+0.3%
4 h after
$84,574price at publication
13data points
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
Oct 1 20:10
Crypto News Flash
+7 min
The Defiant
context
Oct 1 20:16
Its angle: comments, defiant, public
+36 min
Decrypt
echo
Oct 1 20:46
Decrypt
echo
No new facts: compliance, aiming, permit
+51 min
The Block
echo
Oct 1 21:00
No new facts: allowing
+1 h 53 m
Coinpedia
context
Oct 1 22:03
Coinpedia
context
Its angle: comprehensive, custodianship, transparent
+2 h 44 m
Crypto Economy
context
Oct 1 22:54
Crypto Economy
context
Its angle: particularities, commissioner, initiative
+3 h 44 m
Oct 1 23:54
CR
Cryptopolitan
echo
No new facts: applicability, safekeeping, considering; with quotes
+4 h 57 m
Cointelegraph
echo
Oct 2 01:07
Cointelegraph
echo
No new facts: offering, hurdle, moves
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|---|---|---|
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