SEC Eyes Sweeping Crypto Custody Rewrite as White House Weighs In

Crypto Insight Summary: According to reports, the U.S. Securities and Exchange Commission (SEC) is looking to update custody rules, and the regulator has sent its amended plan to the White House for review. The proposal dubbed “Amendments to the Custody Rules” is reportedly being assessed by the Office of Information and Regulatory Affairs (OIRA). SEC Sends Major Custody […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Mid-term (1-8 weeks) Reasoning: Proposed custody rule changes by SEC could tighten regulations on crypto custody, increasing compliance costs and reducing institutional participation.