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SEC remarks raise questions for crypto vault operators and curators
The Block highlights SEC Commissioner Hester Peirce’s view that some crypto vault and curation arrangements could fall under fund-style registration requirements.
The Block examines how recent comments from SEC Commissioner Hester Peirce could affect crypto “vault” operators and “curators,” suggesting some structures may be treated like funds that need registration.
The outlet says the implication is that certain crypto products and services could be subject to SEC rules if they meet the agency’s definition of a fund.
The piece also outlines what that would mean for market participants and what may come next as regulators focus on how these arrangements are classified.