Posts tagged Crypto.
5 Minute Read
October 6, 2025
On September 29, 2025, staff in the SEC’s Division of Investment Management issued no-action relief for certain crypto asset custodians. Specifically, the relief will, under certain circumstances, allow SEC-registered investment advisers (Registered Advisers), registered investment companies and business development companies (collectively, Regulated Funds) to treat a state-chartered trust company as a “bank” (for custody purposes) with respect to crypto assets and related cash or cash equivalents, without fear of enforcement under the SEC’s custody rules.
The Hunton Blockchain Blog features opinions and legal analysis as we follow the development and use of distributed ledger technology known as the blockchain.
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