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April 12, 2024
Investment Strategies

Hedge Funds to Report Crypto Strategy Under US Rule: Crypto in DC

Hedge funds <-bsp-bb-link state=”{“bbDocId”:”S8K3VZDWRGG0″,”_id”:”0000018d-9dce-d400-abcf-bddef6b00000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>should report-bsp-bb-link> particulars on their crypto funding methods as a part of new guidelines requiring companies to supply extra data to US regulators.

Although the data the funds should present will likely be confidential, regulators can use knowledge offered to them in enforcement actions and assess broader market dangers.

Regulators took out a definition for digital belongings that had been included within the proposed rule however saved a requirement for managers to exclude crypto when reporting money and money equivalents.

CHARTING CRYPTO

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