The U.S. Securities and Exchange Commission (SEC) has issued a new guidance. This allows investment advisers to use state-chartered trust companies as qualified custodians for crypto assets. The move came through a no-action letter after a request from Simpson Thacher & Bartlett LLP. SEC Guidance Clears Path for Crypto Firms to Act as Custodians Under The post SEC Issues Guidance Enabling Ripple, Coinbase, BitGo to Qualify as Custodians appeared first on CoinGape.

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