What changed
SEC proposes new crypto custody rules for investment advisers and funds The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week
Why it matters
Regulatory risk around BTC can change volatility, liquidity, or sentiment. The concrete detail to watch is SEC proposes new crypto custody rules for investment advisers and funds
Trading lens
Use this as watchful context from coindesk.com. Watch whether the regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week confirms momentum, invalidates active bias, or changes timing.