US SEC’s crypto regulatory work ‘not finished,’ more proposals ahead: SEC Chair Paul Atkins

ANI | Updated: Oct 03, 2026 08:58 IST

Washington, DC [US] October 3 (ANI): The US Securities and Exchange Commission (SEC) plans to roll out additional regulatory proposals for crypto assets, Chair Paul Atkins said, stressing that the regulator’s work to develop a comprehensive framework for the sector is “not finished.”
 Atkins said in a post on X the SEC’s latest proposal on crypto custody is part of a broader effort to modernise the regulatory framework for digital assets and provide greater clarity to investment advisers and funds.
“This week, the Commission proposed to close a gap that has left investment advisers and funds guessing how to effect lawful custody of an asset class that their clients increasingly demand,” he said, stressing, “This is another significant step toward bringing our regulatory frameworks into the modern era and fulfilling our commitment to cement the United States as the crypto capital of the world.”
The US SEC has proposed new rules to make it easier for investment advisers and regulated funds to hold crypto assets for clients, setting out a dedicated framework for crypto custody.
The SEC Chair further highlighted that the crypto asset market has grown from a niche segment following the advent of Bitcoin in 2008 into a multi-trillion-dollar asset class, while existing “rules and regulations have not kept pace.”