SEC Proposes New Crypto Custody Rules for Investment Advisers

SEC unveils crypto custody rules to boost investor access and clarity for digital assets. Learn how the new framework works.

Editorial Desk

October 2, 2026 One Min Read

POLICY WIRE — Washington, D.C. — The U.S. Securities and Exchange Commission has unveiled a groundbreaking proposal aimed at clarifying how investment advisers and regulated funds can safely hold cryptocurrency assets.

The initiative, released under the Investment Advisers Act of 1940 and the Investment Company Act of 1940, seeks to address long-standing regulatory confusion about which custodial arrangements meet legal requirements for safeguarding client assets.

📄 POLICY WIRE WHITEPAPER PUBLISHED: PAKISTAN’S NATIONAL SECURITY POLICY PRIORITIES

👉 READ BY CLICKING HERE

The plan would allow certain forms of self-custody for digital assets, authorize state trust companies as custodians, and update audit procedures for financial statements and broker-dealer services. The goal is to make it easier for firms to offer crypto-based investment strategies by removing regulatory roadblocks.

SEC Chairman Paul S. Atkins emphasized that the proposal aims to modernize outdated rules, stating that the current framework was designed for a

Author

Editorial Desk

Policy Wire is your go-to editorial hub for insightful perspectives and informed analysis on pressing policy issues, both regionally and globally. Over the years, Policy Wire has collaborated with leading international news agencies—including AFP, AP, Reuters, and others—to provide fact-based reporting and nuanced commentary. With a commitment to clarity and credibility, we aim to bridge the gap between complex policy debates and public understanding, ensuring that our readers stay informed on the issues shaping the world today.