SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto

The Securities and Exchange Commission is moving to settle one of the thorniest questions in institutional crypto: how professional money managers are supposed to hold the assets. The agency on Wednesday proposed a tailored framework governing how registered investment advisers and regulated funds can custody crypto, aiming to replace years of regulatory ambiguity with a clear compliance path. Myriad: Who wins the midterm elections? Click to make your prediction. Advisers are required to keep cl...