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Crypto

U.S. SEC begins overhaul of crypto custody rules, may lower barriers for institutions

The U.S. Securities and Exchange Commission has issued a proposed revision to crypto custody rules for investment advisers and regulated funds. The plan would allow self-custody of crypto under certain conditions and permit state-chartered trust companies to serve as custodians for client and fund assets. The SEC said it will update legacy custody rules to fit current market structure and will take public comments for 60 days after publication in the Federal Register.

Crypto

BDACS CSO Kim Tak-jong says won stablecoin should target payment areas previously hard to reach

Digital asset infrastructure company BDACS held a Korea Blockchain Week 2026 side event with Circle, Kyobo Life Insurance and SBI Holdings. Participants from financial institutions and the digital asset industry discussed directions for developing stablecoin-based financial infrastructure. BDACS presented use cases for a won stablecoin and demonstrated an onchain exchange of KRW1 and USDC in a testnet environment using Circle’s StableFX program.

Crypto

Russia moves to include crypto holdings in bank certificates as it tightens oversight

Russia is moving to require banks to include customers\' cryptocurrency holdings in official balance certificates, under proposals by the central bank. The planned change would add crypto and legally defined “digital financial assets” to documents used to submit balances to other institutions and to support income and asset declarations by civil servants and public-sector workers. The steps follow a law effective Sept. 1 that legalised trading and exchange while banning domestic use for payments.