🚨 The U.S. Securities and Exchange Commission (SEC) has taken a major step in favor of cryptocurrencies! 🇺🇸🔐
The SEC has proposed a new custody framework for digital assets that could change how registered investment advisers and regulated funds handle crypto assets.
The proposal was announced on October 1, 2026, and it specifically focuses on creating a clearer custody framework for crypto assets.
🔥 What could change?
• Advisers may be able to custody certain crypto assets themselves when a qualified custodian is not available, subject to conditions.
• State-owned trust companies may become eligible to act as custodians for clients’ crypto assets and for regulated funds.
• The proposal would update existing custody, reporting, and related requirements to better handle digital assets.
• Regulated funds may gain a clearer pathway to offer a wider range of crypto-related investment strategies.
⚠️ But there’s one big problem
This is only a proposal—not a final rule.
The SEC opened a 60-day public comment period after publication in the Federal Register. The proposal could still be changed before any final rules are adopted.
🌐 Why crypto markets are watching this
Clearer custody rules $BTC
$ETH
$SOL