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U.S. market regulator seeks to make it easier for funds, advisers to hold crypto

U.S. market regulator seeks to make it easier for funds, advisers to hold crypto

Lee Ying Shan· ·1 min read · 0 reactions · 0 comments · 9 views
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Bitcoin has rebounded over 40% from its July low, as improving risk appetite have helped revive demand for digital assets. The recovery follows a prolonged downturn from late 2025 into the first half of 2026.

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Original publisherCNBC
Canonical URLhttps://www.cnbc.com/2026/10/02/sec-bitcoin-crypto-proposal.html
Publication timeFri, 02 Oct 2026 03:49:50 GMT
Retrieval time2026-10-04T00:44:53.951Z
Last seen2026-10-04T00:44:53.951Z
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Opening excerpt (first ~120 words) tap to expand

SEC Chairman Paul Atkins said existing regulations had failed to keep pace with the rapid expansion of digital assets, which have grown into a multi-trillion-dollar market."Today’s proposal would provide a clear regulatory framework for the custody of crypto assets, giving investment advisers and funds a compliant pathway where none existed before," Atkins said.The proposal comes as U.S. regulators push ahead with building out a crypto rulebook under their existing authority after the Clarity Act, a sweeping crypto market structure bill, stalled in the Senate in September. That marks another step in the SEC's broader effort to rewrite the U.S.

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Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC.

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