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Crypto
White House begins nonpublic review of SEC crypto custody rule revision
A proposed revision to the U.S. Securities and Exchange Commission’s crypto asset custody rule entered White House review on Aug. 25, CryptoSlate reported. The Office of Information and Regulatory Affairs is reviewing it at the proposed rule stage, with no statutory deadline and the text still unpublished. The SEC’s agenda lists October 2026 as a target for a proposal. Key questions include which entities may custody crypto and what safeguards are required.
Crypto
U.S. SEC to pursue \'Reg Crypto\' rules to clarify standards for crypto securities status
The U.S. Securities and Exchange Commission is preparing to unveil a draft set of rules dubbed \'Reg Crypto\' that would set core standards for regulating the cryptocurrency industry. The proposal is in the final stage of a White House review process. SEC Chair Paul Atkins said the draft is being reviewed by the Office of Information and Regulatory Affairs under the Office of Management and Budget and is one step from release.
Crypto
Digital asset framework law stalls as U.S. Clarity Act wavers
South Korea’s ruling and opposition parties jointly pressed the Financial Services Commission over delays in proposing a government bill for a digital asset framework law, citing a provision limiting major shareholders’ stakes after the fact. The commission had aimed to finalize a deal in the first quarter but talks were postponed indefinitely. In the United States, the Senate set late April for committee review of the Clarity Act, while Coinbase again opposed a ban on interest on stablecoin holdings.