SEC Revives U.S. Crypto Custody Rule After Earlier Effort Stalled

The U.S. Securities and Exchange Commission is bringing back a proposed crypto custody framework after an earlier effort by the regulator failed to take effect, according to CoinDesk. In 2023, the SEC sought to narrowly limit where investment advisers could place clients’ crypto assets. The initiative focused on the custody arrangements available to advisers handling digital assets. The regulator’s renewed approach remains largely undisclosed, leaving key details about its scope and implementation unclear. The development signals that crypto custody remains an area of attention for U.S. securities regulators, although the available information does not specify the rule’s proposed requirements, timing or affected firms. CoinDesk reported the SEC’s renewed activity on Aug. 26, 2026.