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SEC Gives Crypto Custody Nod To State Trust Companies

By Aislinn Keely ( October 1, 2025, 11:08 PM EDT) -- The U.S. Securities and Exchange Commission staff has assured registered investment advisers and certain fund issuers they won't risk an enforcement action by using state trust companies as cryptocurrency custodians in a move that some praised as widening access to more crypto-savvy custody options and others decried as an erosion of custody rules....

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