Trump’s SEC Chair Reveals Bold Move: Agency ’Mobilizing’ to Overhaul Crypto Custody Rules
The SEC isn’t just watching—it’s charging ahead. Under Trump’s appointee, the agency is gearing up to rewrite the rulebook on crypto custody. Buckle up.
Why now? The regulatory fog around digital assets keeps thickening. Institutional players demand clarity—or they’ll take their billions elsewhere.
The custody conundrum: Current guidance treats crypto like a misfit toy. The SEC’s fix? Modernize frameworks without strangling innovation (or inviting another Grayscale-style lawsuit).
Timing is everything: With 2025 elections looming, this could be a legacy play—or just political theater. After all, since when has Wall Street waited for permission?