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The US Securities and Exchange Commission’s proposed crypto custody fallback could broaden investment choices while making them easier for larger advisers to offer. The agency’s economic analysis says the expense of safeguarding assets and arranging independent oversight may lead smaller firms to decline to offer the service. Approved on Oct. 1, the proposal would let … Read more

The US sanctioned the Russia-linked A7 Network and proposed new restrictions to cut its crypto intermediaries off from global markets. On Oct. 1, the Treasury Department designated A7 as a significant transnational criminal organization, extending blocking sanctions beyond individual companies previously targeted by Washington to the broader payment network. FinCEN simultaneously proposed barring covered financial … Read more

The US Securities and Exchange Commission (SEC) proposed a custody framework on Oct. 1 that would let investment advisers and regulated funds hold crypto under rules written for it. It is the latest of nine agency actions since Aug. 18 that span most of an asset’s life, from fundraising to safekeeping. Two came before the … Read more

The Financial Conduct Authority opened its authorization gateway for the new UK crypto rules on Sept. 30, starting an application window that can protect existing Bitcoin providers’ ability to keep serving UK customers and take new business if approval is still pending when the full regime begins. The window closes Feb. 28, 2027. The full … Read more