🇺🇸 SEC Sends Crypto Custody Rule to the White House
On August 25, the SEC sent a draft crypto custody rule to the Office of Management and Budget for review. Filed as RIN 3235-AN46, "Amendments to the Custody Rules."
What it does: clarifies how US investment advisers and funds can legally hold crypto for clients. Tagged Economically Significant and Deregulatory.
Timeline: public proposal targeted for October 2026, then a 60-day comment period, then a final vote. Realistically late 2027.
No rule text is public yet. Nothing is law. This is a step in the pipeline, not a finished rule.
Custody uncertainty is one of the quiet reasons traditional money stays on the sidelines. Fix the plumbing and allocation follows.
$BTC #SECSendsCryptoCustodyRuleToWhiteHouse
On August 25, the SEC sent a draft crypto custody rule to the Office of Management and Budget for review. Filed as RIN 3235-AN46, "Amendments to the Custody Rules."
What it does: clarifies how US investment advisers and funds can legally hold crypto for clients. Tagged Economically Significant and Deregulatory.
Timeline: public proposal targeted for October 2026, then a 60-day comment period, then a final vote. Realistically late 2027.
No rule text is public yet. Nothing is law. This is a step in the pipeline, not a finished rule.
Custody uncertainty is one of the quiet reasons traditional money stays on the sidelines. Fix the plumbing and allocation follows.
$BTC #SECSendsCryptoCustodyRuleToWhiteHouse
