According to Bitcoin Magazine, the U.S. Securities and Exchange Commission has proposed new rules governing the custody of cryptocurrency held within investment funds.
The proposal aims to provide clearer oversight for how digital assets are stored, secured, and managed by fund operators. The SEC indicated the rules would apply to investment funds that hold or intend to hold crypto assets as part of their portfolio.
Details of specific requirements were not included in the announcement. The agency said the intent is to enhance investor protection through improved custody standards, though it did not specify timelines for implementation or define operational benchmarks.
No comments from fund providers, industry groups, or regulators were referenced in the source material. The proposal follows ongoing regulatory scrutiny of crypto-related services offered by investment entities.
