SEC Releases Investor Guide on Crypto Wallets and Custody Risks
The U.S. Securities and Exchange Commission (SEC) has issued an investor bulletin detailing best practices and risks associated with cryptocurrency storage methods. The guide contrasts self-custody with third-party services, emphasizing due diligence for custodial policies like asset rehypothecation or pooled accounts.
Market participants welcomed the regulatory clarity, interpreting it as a step toward institutional safeguards. The bulletin categorizes wallet types but stops short of endorsing specific solutions, maintaining the SEC's cautious stance toward digital assets.