Current outcome
The SEC's Oct. 1, 2026 proposed investment adviser crypto custody rules remain at proposal stage; added details show the framework covers registered investment advisers and regulated funds, permits self-custody under conditions, and has a pending comment period; all provisions are conditional until a final rule.
Progress timeline
2 material updates- #01
Wall Street regulator proposes rules on investment adviser crypto asset custody
The SEC proposed new rules governing how investment advisers must custody crypto assets, a step that would formalize compliance obligations for firms offering digital-asset exposure to clients.
Source evidence: Reuters
- #02
Bitcoin’s $113,000 case strengthens as US regulators push 9 crypto actions
New report details the SEC's Oct. 1 proposal: creates a crypto custody framework for registered investment advisers and regulated funds, allows self-custody under certain conditions, recognizes state trust companies as custodians, and sets a 60-day comment period; provisions remain conditional until a final rule.
State after update: The SEC's Oct. 1, 2026 proposed investment adviser crypto custody rules remain at proposal stage; added details show the framework covers registered investment advisers and regulated funds, permits self-custody under conditions, and has a pending comment period; all provisions are conditional until a final rule.
Source evidence: CryptoSlate