SEC Unveils Draft Custody Regulations Targeting Crypto Advisors and Funds
The U.S. Securities and Exchange Commission (SEC) has released a draft rule that would reshape how investment advisers and pooled investment vehicles handle the custody of digital assets. The proposal arrives at a pivotal moment for the regulator’s nascent Crypto Task Force, as its inaugural chair, Commissioner Hester Peirce, prepares to leave the commission after a tenure marked by vigorous advo…
Oct. 1, 2026, 8:20 p.m.