Andreessen Horowitz (a16z) calls on the US SEC (Securities and Exchange Commission) to modernize its custody regulations for crypto assets. The crypto VC (venture capital) advocates a principles-based framework where Registered Investment Advisers (RIAs) can self-custody digital assets under defined conditions. A16Z Asks SEC To Empower RIAs The crypto VC wrote a detailed article responding to the SEC’s request for information on investment adviser custody. It outlined a path forward that balances investor protection with the realities of managing blockchain-based assets
source: https://beincrypto.com/a16z-sec-crypto-custody-reform/