The U.S. Securities and Exchange Commission (SEC) has put forward a proposal to amend custody requirements, potentially enabling more investment advisers to offer certain cryptocurrencies to their clients. This move could lower barriers that have previously prevented some advisers from including crypto assets in their portfolios.
According to CoinTelegraph, the proposed changes aim to remove existing custody rules that have restricted advisers from providing crypto investment options. By easing these regulations, the SEC hopes to foster greater participation in the digital asset market among professional investment advisers.
For Japanese investors and market participants, this development signals a growing acceptance of cryptocurrency within mainstream financial services, which could influence regulatory approaches and client offerings in Japan’s evolving digital asset landscape.