SEC Allows State-Chartered Trusts with no action relief
Key Takeaways What does the SEC’s no-action relief mean for crypto advisers? It allows advisers to use these custodians without facing enforcement, signaling regulatory support...
Tag : Trusts
SEC No-Action Letter Lets State Trusts Hold Crypto for Clients
The SEC just made a move that could make life a little easier for crypto firms. Its Division of Investment Management put out a no-action...
SEC Open to Advisers Using State Trusts for Crypto Custody
The US Securities and Exchange Commission staff has opened up to allowing investment advisers to use state trust companies to custody cryptocurrency assets. In a...
SEC Opens Door for State Trusts as Crypto Custodians
Key Highlights U.S. SEC will now allow investment advisers to use qualified state-chartered trust companies to custody crypto assets However, this new policy update requires...