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How the Characteristics of Digital Assets Affect Compliance With the Custody Rule

How the Characteristics of Digital Assets Affect Compliance With the Custody Rule

Registered investment advisers that provide advice to clients about digital assets therefore face novel questions in determining how to custody such digital assets. In particular, they must consider whether these assets are subject to the Custody Rule and, if so, how to maintain custody of this new type of asset in compliance with the Custody Rule.

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