Regulating Bitcoin

Co-CEO and President of The Real Wealth Coterie, a wealth management and Registered Investment Advisor (RIA) firm, and founder of Lazetta & Associates, a business consulting firm, Lazetta Braxton is a respected financial strategist with significant entrepreneurial experience, acclaimed by numerous industry awards. A strong advocate of financial empowerment, she partners with CoinShares to explain why Bitcoin should be considered a fundamental part of personal financial strategy.

Historically, Bitcoin lived in a regulatory gray zone that made compliance teams and E&O insurers wary. Without clear legal classifications or standard-of-care frameworks, advisory work involving wallets, exchanges, or custody often fell outside insurable and compliant boundaries. This led many compliance departments to default to “no” rather than “not yet.” That landscape is changing as SEC-approved Bitcoin ETFs offer regulated, familiar platforms for Bitcoin exposure. These products align with fiduciary standards and ease operational burdens, while E&O insurers are beginning to extend coverage for advisors operating within vetted guardrails. The combination of regulatory clarity, institutional infrastructure, and compliance-friendly investment vehicles is removing key barriers. 

Braxton details how regulatory frameworks and insurance standards have evolved, allowing compliance teams and advisors to confidently engage with Bitcoin and crypto solutions.

Key Takeaways:

• Compliance teams now have frameworks for Bitcoin ETFs.

• Advisors can operate safely within regulatory guidelines.

• Insurance providers are adapting to support crypto advisory services.