SEC Proposes Major Crypto Custody Rule Changes for Brokers and Hedge Funds

The U.S. Securities and Exchange Commission (SEC) is considering significant changes to regulations governing crypto custody for brokers and hedge funds, potentially reshaping the digital asset trading landscape. SEC Chairman Paul Atkins announced these proposed adjustments at a recent roundtable discussion on May 13, 2025, highlighting how existing rules have restricted brokers’ ability to handle digital assets effectively. This shift towards more flexible regulatory approaches could pave the way for increased accessibility and inclusion in crypto markets.