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SEC Revises Crypto Custody Rules | Bitcoin and Crypto News
Description
The SEC is reviving its crypto custody rules with a new, more industry-friendly proposal headed to the White House — aiming to modernize regulations and ease burdens for advisers handling digital assets. After last year’s restrictive plan under Gary Gensler faced fierce backlash from small businesses and VCs, this latest effort under Chairman Paul Atkins seeks to align with emerging federal trust bank charters and complements the agency’s first major crypto rule, “Regulation Crypto Assets.” While an October deadline is mentioned, delays are likely — but this signals real momentum in crypto regulation.
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