Financial regulators have released comprehensive compliance standards governing institutional custody of digital assets, impacting major fund managers.
Segregation Requirements
The new rule obligates asset managers to maintain customer funds in bankruptcy-remote, multi-signature cold storage vaults. Third-party audits must now be conducted quarterly by accredited independent accountancy firms to verify reserve ratios.
Institutional Adoption
Market participants report that clear regulatory parameters are reducing legal friction for traditional pension funds entering the space. Compliance software providers have seen a 28% uptick in enterprise inquiries following the announcement.