U.S. SEC Moves to Broaden Crypto Custody Rules, Signaling Greater Digital-Asset Adoption
AI Market Summary
The SEC's proposal to the White House to modernize custody rules for registered investment advisers would clarify operational standards for holding BTC, ETH, and XRP and broaden the pool of eligible "Qualified Custodians" under stricter federal safety and audit requirements. Greater regulatory clarity and an expanded custody framework can reduce compliance friction for institutional participation, supporting near-term risk appetite across major crypto assets.
Impact level
● High
Affected assets
BTC/USDT-1.07%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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The U.S. Securities and Exchange Commission has formally sent a proposal to the White House aimed at setting new requirements for how registered investment advisers safeguard digital assets. The initiative, introduced under SEC Chairman Paul Atkins, would update the custody framework by defining what firms must have in place to store cryptocurrencies such as $BTC, $ETH and $XRP. The proposal also seeks to widen the pool of "Qualified Custodians", allowing more firms to qualify if they meet stringent federal standards on security controls and audit oversight.
