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Exclusive: Trump’s SEC Chair Reveals Agency Is ’Mobilizing’ to Overhaul Crypto Custody Rules—What It Means for Your Portfolio

Exclusive: Trump’s SEC Chair Reveals Agency Is ’Mobilizing’ to Overhaul Crypto Custody Rules—What It Means for Your Portfolio

Author:
Coindesk
Published:
2025-08-15 13:42:56
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Trump's SEC Chair Says Agency Is 'Mobilizing' to Update Custody, Other Guidance

The SEC is finally waking up to the crypto revolution—but will it help or hinder?

Under the radar, Trump-era SEC leadership is quietly rewriting the rulebook on digital asset custody. No more vague guidance, no more regulatory limbo. The message? Adapt or get left behind.

Why this matters now

With institutional investors pouring billions into crypto, outdated custody rules have become a ticking time bomb. The SEC’s move could either unlock mainstream adoption… or create another bureaucratic nightmare. Guess which one Wall Street’s betting on?

The custody conundrum

Current rules treat crypto like a 1990s stock certificate—forcing institutions into absurd workarounds. The update might finally acknowledge that blockchain exists. Revolutionary.

Bonus jab: Nothing gets regulators moving faster than seeing banks miss out on fees.

Bottom line: When the SEC scrambles to catch up with innovation, hold onto your private keys—things are about to get interesting.

|Square

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