SEC moves to overhaul crypto custody rules for advisers and regulated funds, Chair Paul Atkins says
AI Market Summary
The SEC's proposed custody framework for investment advisers and regulated funds signals a more workable regulatory route for holding digital assets, addressing a major institutional friction point: qualified custody. By modernizing rules that predate digital markets and clarifying expectations where custodial infrastructure is still developing, the proposal could reduce compliance uncertainty and support broader institutional participation across crypto markets in the near term.
Impact level
● High
Affected assets
BTC/USDT+1.06%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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The U.S. Securities and Exchange Commission has unveiled a proposed regulatory framework governing how investment advisers and regulated funds can custody crypto assets, SEC Chair Paul Atkins said. The plan is designed to create a "compliant pathway" for holding digital assets under custody rules that largely predate the internet.
The proposal targets a long-standing institutional pain point: for certain crypto assets, qualified custodial infrastructure may not yet be available. It would also update the SEC's broader custody regime under the Investment Advisers Act and the Investment Company Act.
