SEC Proposes Crypto Custody Rule, Completing Atkins' Agenda

The SEC has proposed a new rule that clarifies how investment advisers and funds can custody crypto assets, providing a compliant pathway for the first time. This move completes Chairman Paul Atkins' crypto agenda and coincides with Commissioner Hester Peirce's departure from the agency. The rule could significantly impact how institutional investors engage with digital assets. In this episode of CoinDesk Daily, host Jennifer Sanasie breaks down the details of the proposal and its implications for the crypto industry. She discusses the regulatory clarity it aims to provide and what it means for advisers and funds looking to offer crypto-related services. The episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to everyone. Stay tuned for expert analysis and the latest news in crypto regulation.