SEC Revamps Crypto Custody Rules Amid Growing Institutional Interest

The Securities and Exchange Commission (SEC) has announced its intention to revisit the Custody Rule, which governs how cryptocurrency custodians safeguard customer assets.

This move follows a White House meeting between President Donald J. Trump and crypto executives, and is part of the SEC's proposed amendments to update the Custody Rule.

The proposed amendments are currently under review by the Office of Information and Regulatory Affairs (OIRA), and are expected to be published no later than October 2026.

Once published, there will be a minimum of 60 days for members of the public to provide comments on the proposed rules.

The SEC has noted that the proposal provides some guidance on what is expected of custodians, but does not provide absolute certainty immediately.