SEC Moves to Draft Crypto Custody Rules, Targets October Proposal
- —Atkins directed staff to draft crypto custody rules for advisers and funds
- —Proposal could permit self-custody and state-chartered trust companies
- —RegInfo.gov lists an October 2026 target for the proposed rule
- —No custody proposal appears on the SEC's public rulemaking list as of Oct 1
Why it matters: The rules will determine where advisers and funds can hold crypto assets, a key factor for institutional adoption.
Source: TokenPost