SEC sends crypto custody rule overhaul to White House for review
The US Securities and Exchange Commission (SEC) is moving forward with plans to overhaul custody rules for investment advisers and investment companies, potentially giving institutions greater clarity on how they can hold crypto assets for clients while complying with federal securities rules. The proposed rule was sent on Aug.
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Key Facts
- Fact 1: 25 to the Office of Information and Regulatory Affairs (OIRA), part of the White House Office of Management and Budget, for review before it can move back to the SEC and potentially be released for public comment.
- Fact 2: Related: CFTC follows SEC in scrapping ‘no-deny’ policy for settlements SEC shifts from crypto enforcement to rulemaking The SEC has taken a more crypto-friendly approach since Paul Atkins became chair in 2025, shifting its focus from enforcement actions toward developing clearer rules for the industry.
- Fact 3: The SEC dismissed several cases against major crypto companies in 2025, including its lawsuit against Coinbase, as it moved to reshape its approach to digital assets.
The US Securities and Exchange Commission (SEC) is moving forward with plans to overhaul custody rules for investment advisers and investment companies, potentially giving institutions greater clarity on how they can hold crypto assets for clients while complying with federal securities rules. The proposed rule was sent on Aug.
25 to the Office of Information and Regulatory Affairs (OIRA), part of the White House Office of Management and Budget, for review before it can move back to the SEC and potentially be released for public comment. SEC submits “Amendments to the Custody Rules” to OIRA. Source: Reginfo.gov According to the SEC’s regulatory agenda, the agency is considering changing existing rules or introducing new ones under the Investment Advisers Act and Investment Company Act.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
Original source: Cointelegraph
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