SEC Plans More Crypto Rules After Proposing Custody Framework
The proposal is intended to update rules dating to 1940. A separate initiative would create a five-year sandbox for trading U.S. stocks on decentralized exchanges and through liquidity providers.

The Securities and Exchange Commission (SEC) plans additional rules for crypto and digital securities as it develops a broader regulatory framework, following its proposal for a crypto-asset custody framework.
The custody proposal is intended to update rules established in 1940 for traditional asset custody. The proposal followed the Senate’s failure to pass the CLARITY Act in September.
The SEC’s regulatory program, which began taking shape in 2025, also includes Regulation Crypto Assets and an Innovation Exemption. The exemption would create a five-year sandbox allowing U.S. stocks to trade on decentralized exchanges and through liquidity providers.
The agency plans further regulatory proposals and is continuing efforts tied to the goal of making the United States the world’s crypto capital.