Potential changes in crypto custody regulations could significantly impact brokers and hedge funds. U.S. SEC Chairman Paul Atkins announced these changes during a digital asset roundtable, aiming to allow hedge funds to self-custody digital assets and signal a shift towards clearer asset management rules.
Market reactions are mixed, with some industry leaders welcoming the adjustments, while others seek further clarification. The changes may lead to increased autonomy in custody for brokers and enhance acceptance in traditional financial markets.
Overall, these regulatory shifts could boost market confidence and foster innovation, leading to greater institutional investment in crypto assets.
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