▲ Bullish
The U.S. Securities and Exchange Commission (SEC) has proposed easing custody rules for investment advisors, permitting them to self-custody Bitcoin and other digital assets.
Under the proposed rules, advisors must provide written proof of unavailable qualified custodians, conduct triennial reassessments, implement multi-signature transfers, use segregated customer wallets, and undergo independent audits.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.