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SEC May Make it Harder for Hedge Funds to Work With Crypto Firms: Bloomberg

The U.S. Securities and Exchange Commission (SEC) plans to propose rule changes that would make it difficult for cryptocurrency firms to hold digital assets on their client’s behalf as “qualified custodians,” Bloomberg reported Tuesday. The proposed rule change would make it more difficult for cryptocurrency firms to become “qualified custodians” to hold digital assets on behalf of clients. (forkast)

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