A proposed custody framework is a regulatory process, not a token endorsement.
The proposal
The US Securities and Exchange Commission proposed changes on 1 October covering crypto-asset custody by registered investment advisers and regulated funds. Its announcement identifies financial-statement audits and broker-dealer custody among the areas addressed.
What the announcement includes
The SEC says the proposal would allow self-custody in specified circumstances and permit state trust companies to act as custodians for client and fund crypto assets. The announced comment period is 60 days after publication of the proposing release in the Federal Register; the press-release date alone does not establish the closing deadline.
What readers should not infer
These are proposed rules. The announcement is not evidence of final adoption, approval of a particular provider or endorsement of a token. Readers assessing an investment service still need to establish its actual custody arrangements and permissions. This briefing summarises the SEC announcement, not legal advice or independent evaluation of a custodian.
Sources & further reading
Sources checked 7 October 2026. News summary based on the linked primary announcement; not independent field reporting. Found an error? Request a correction.
