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Morning Edition · Saturday, October 3, 2026Published at 1:57 AM EDT · New York
SEC Proposes a 760-Page Custody Framework That Would Let Advisers Hold Crypto Themselves
State trust companies could serve as custodians, and self-custody would be permitted only where no approved custodian is available.
The Securities and Exchange Commission proposed a custody framework on October 1 covering registered investment advisers, investment companies and business development companies. Chairman Paul Atkins said the proposal gives advisers and fun…
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Crypto Market-Structure Bill Stalls in the Senate
Ethics disputes over the president's personal crypto ventures keep displacing the substance of United States market-structure legislation, leaving digital-asset rules dependent on agency discretion rather than statute.
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