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Oct 1, 2026

SEC proposes new custody rules allowing advisers and funds to self-custody crypto

The US Securities and Exchange Commission proposed a regulatory framework that would permit investment advisers and regulated funds to self-custody crypto assets under certain conditions, while also allowing the use of state trust companies as custodians.

Oct 1, 2026·6 sources
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Top claims

  • ▪The U.S. Securities and Exchange Commission proposed a new regulatory framework on October 1, 2026, to clarify how registered investment advisers and regulated funds can custody crypto assets
  • ▪The SEC should permit investment advisers to self-custody client crypto assets
  • ▪SEC Chairman Paul Atkins stated that existing custody rules, which largely predate the internet, were crafted for a bygone era and failed to keep pace with the multi-trillion-dollar crypto asset market

Subtopics

Crypto & banking regulation1Crypto custody regulation1Crypto regulation1Institutional crypto adoption1

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