U.S. SEC maps out crypto custody in new proposal that furthers its digital assets agenda

Crypto Insight Summary: The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: SEC custody proposal provides regulatory clarity but lacks immediate market-moving power.