$DAVEY
Low signalSnapshot Window: 2026-10-01 21:00 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 0, Retweets: 0, Likes: 5, Impressions: 187
Verbatim Community Citations & Social Evidence 1 source posts analyzed
JUST IN: The SEC proposes new rules addressing the custody of crypto assets. "The crypto asset market has grown from a niche curiosity into a multi-trillion-dollar asset class... Unfortunately, our rules and regulations have not kept pace." - SEC Chair Paul Atkins
AI visual note: The image shows an SEC statement from Chairman Paul S. Atkins dated October 1, 2026, titled "Statement on Proposal to Address the Custody of Crypto Assets Under the Investment Advisers Act and the Investment Company Act," featuring an orange Bitcoin logo. The statement announces a proposal to modernize custody rules for crypto assets, highlighting that today's proposal would "provide a clear regulatory framework for the custody of crypto assets, giving investment advisers and funds a compliant pathway where none existed before." This relates directly to the accompanying post, which features a key quote from the statement about the crypto market's growth from a "niche curiosity" into a "multi-trillion-dollar asset class" while regulations have failed to keep pace—reflecting Atkins's broader message about closing regulatory gaps to position the U.S. as the "crypto capital of the world."