
SEC Proposes New Custody Rules for Crypto Funds
The SEC proposal would let advisers hold certain client crypto directly and add state trust companies as qualified custodians.
Founder
Shashwat Gupta is an entrepreneur, CEO and co-founder of the online media portal, Altcoin Buzz. Shash has been a crypto enthusiast since 2015 and entered the emerging cryptocurrency space full time in early 2017. His business expertise and extensive knowledge in the crypto space have helped shape Altcoin Buzz to be what it is today.

The SEC proposal would let advisers hold certain client crypto directly and add state trust companies as qualified custodians.

SEC staff FAQs explain how token classification, staking receipts and buybacks are treated, but they cannot create new legal obligations.

Ethereum’s proposed staking reward burn, EIP-8363, has been withdrawn from consideration for the Hegotá upgrade.

Treasury sanctioned the A7 Network as a transnational criminal group. FinCEN has separately proposed blocking funds tied to its Sub-Agents.

New York and Wyoming regulators will coordinate licensing reviews, examinations and potential enforcement involving digital asset businesses.

Robinhood Wallet added Arcus for stock token swaps in supported jurisdictions. Here’s how the RFQ route compares with on-chain liquidity.

Bitget has replenished its Protection Fund above $300 million and resumed withdrawals in phases, but the breach investigation remains open.

The SEC’s revised buyback FAQ offers relief to functional networks without a central party, leaving many issuer-run programs outside its protection.

Seven exchange-hosted Tron addresses received about $6.1 million since March 2022. OFAC’s designation raises compliance risks for direct and indirect exposure.

Singapore led its region in measured crypto activity as institutional platforms rose 94%. The data shows less about individual adoption.

Bitwise's US spot NEAR ETF drew $35.5 million on day one. The launch followed a rally while leverage declined.

Dune data shows tokenized cash is the largest RWA class but rarely trades, while equities drive most onchain activity.

Robinhood’s AI agent can analyze markets and trade within set limits. Here’s how its controls work and why customers still carry the risk.

Morgan Stanley's new lab will test stablecoins, tokenized deposits and DeFi vaults away from core systems, with no client product announced.

Balancer holders approved a wind-down. Here are the pool exit dates, withdrawal options, rejected fork and timeline for redeeming BAL.

UK crypto firms can apply for FCA authorization until 28 February 2027, before the new FSMA regime starts on 25 October 2027.

The SEC and CFTC will be left with three commissioners between them after Hester Peirce leaves the Securities and Exchange Commission.

Aztec has relaunched zk.money as a private, self-custodial wallet, but deposits remain traceable and transaction limits apply.

Altcoin exchange deposit transactions rose sharply, but sources disagree on the total and the data does not identify a token or exchange driving it.

Kalshi will end its volume incentive program. The change comes as the CFTC examines disputed ether perpetual futures volume.

Wallets linked to the Bitget hack sent 2,746 ZEC into Zcash’s Ironwood pool, obscuring the next step for investigators.

BTCX is a new Solana token that sends 3% of every trade into a reward pool and pays eligible holders in xBTC, a leveraged Bitcoin-linked asset.

NEAR Protocol is seeing renewed activity through Intents, confidential trading and tokenized assets. Here are three projects building on that growth.

Bitget's CEO says two small transfers tested the exchange's risk controls before $361M in larger withdrawals. A full incident report is pending.