{"id":692968,"date":"2025-10-01T06:50:34","date_gmt":"2025-10-01T03:50:34","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/sec-staff-open-to-advisers-using-trust-companies-as-crypto-custodians\/"},"modified":"2025-10-01T06:50:34","modified_gmt":"2025-10-01T03:50:34","slug":"sec-staff-open-to-advisers-using-trust-companies-as-crypto-custodians","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sec-staff-open-to-advisers-using-trust-companies-as-crypto-custodians\/","title":{"rendered":"SEC staff open to advisers using trust companies as crypto custodians"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTAvMDE5OTlkMjUtZTUzZS03YTk2LWI4NjQtOGExYjEwZDRhY2Ri.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>The SEC&#8217;s Division of Investment Management said it wouldn\u2019t recommend that the agency take action against advisers who use a state trust company as a crypto custodian.<\/p>\n<p><p>The US Securities and Exchange Commission staff has opened up to allowing investment advisers to use state trust companies to custody cryptocurrency assets.<\/p>\n<p>In a rare no-action letter, the SEC\u2019s Division of Investment Management <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/www.sec.gov\/rules-regulations\/no-action-interpretive-exemptive-letters\/division-investment-management-staff-no-action-interpretive-letters\/simpsonthacherbartlett093025\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">said<\/a> on Tuesday that it wouldn\u2019t recommend that the SEC take enforcement action if advisers used state trust companies as a crypto custodian.<\/p>\n<p>Law firm Simpson Thacher &amp; Bartlett had <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/www.sec.gov\/files\/investment\/no-action\/simpsonthacherbartlett093025-incoming.pdf\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">sent<\/a> a letter to the Division on Tuesday, wanting assurances that registered financial institutions, such as venture capital firms, wouldn\u2019t be subject to enforcement action by the regulator if they custody crypto assets.<\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/sec-open-investment-advisers-use-state-trusts-crypto-custody?utm_source=rss_feed&#038;utm_medium=feed%3Fnc%3D1759290332574%26_q%3D1759290332574%26ttl%3D0%26cachebust%3Dtrue&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SEC&#8217;s Division of Investment Management said it wouldn\u2019t recommend that the agency take action against advisers who use a state trust company as a crypto custodian. 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 rare no-action letter,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-692968","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/692968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=692968"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/692968\/revisions"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=692968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=692968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=692968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}