Live briefing · Decrypt
SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto
What Decrypt reports, why it matters and what remains unconfirmed.
CryptoBy Decrypt Staff at Decrypt

The story in one view
- Reported by
- Decrypt
- Coverage lens
- Policy and regulation
- Published
- Evidence status
- Cross-source reports linked
What Decrypt reports
The proposal would let advisers and funds use state trust companies as custodians and permit self-custody under certain conditions, aiming to replace years of ambiguity with a clear compliance path.
The immediate significance
The report identifies a policy development, but the available information does not provide enough matched evidence for a more specific impact judgment. That assessment remains open.
CoinDesk has also published a related report, providing another attributed account to compare without treating repetition as proof.
What remains unknown
- No matched primary document independently supporting the central claim is linked to this page.
Developing Across Sources
How the story developed
CoinDesk and Decrypt are reporting related developments. Reports are shown in publication order; separate coverage is not independent confirmation.
CoinDesk SEC proposes new crypto custody rules for investment advisers and funds
The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week.
DecryptCurrent briefing SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto
The proposal would let advisers and funds use state trust companies as custodians and permit self-custody under certain conditions, aiming to replace years of ambiguity with a clear compliance path.
Related Articles And Podcast
Further reporting and analysis on this story.
Podcast10 min
Bitcoin’s “Digital Gold” Message Is Failing — What Will Drive Mass Adoption?
Bitcoin has spent more than a decade being promoted as “digital gold”—a scarce asset that cannot be printed, controlled or devalued by a central bank.
Read the notes and play the episode