❌SEC Proposes Rule That Could Squeeze Crypto Platforms

The Securities and Exchange Commission voted 4-1 Wednesday on a proposal that would expand the types of assets that investment advisers, such as hedge funds and pension funds, are required to hold using qualified custodians.
The proposal will be open to public comment for at least two months before staff begin work on a final rule.

#SEC #cryptoregulation #regulation #crypto #cryptoinvestment #staking