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SEC to Make It Harder For Hedge Funds to Work With Crypto Firms

Katie Lin

Summary: The U.S. Securities and Exchange Commission (SEC) is planning to implement new rules that would make it harder for hedge funds, private equity firms and pension funds to work with crypto firms, according to reports by Bloomberg. The rules would make it harder for crypto companies to become qualified custodians for alternative investment firms. The ...

The U.S. Securities and Exchange Commission (SEC) is planning to implement new rules that would make it harder for hedge funds, private equity firms and pension funds to work with crypto firms, according to reports by Bloomberg.

The rules would make it harder for crypto companies to become qualified custodians for alternative investment firms.

The U.S. regulator has been tightening regulations on crypto of late. Recently, it went after Paxos for failing to register its BUSD stablecoin.

Author: Katie Lin

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Link: SEC to Make It Harder For Hedge Funds to Work With Crypto Firms   [Copy]
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