$SOFI
Low signalSnapshot Window: 2026-10-02 06:50 UTC ยท โ Back to Crypto Overview
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New material U.S. crypto-policy development - October 1, 2026 SEC proposes a dedicated crypto-custody framework for investment advisers and regulated funds. The proposal would: Permit qualifying state trust companies to custody crypto assets for advisers and regulated funds. Allow self-custody in certain circumstances. Modernize custody, audit, and broker-dealer requirements. Enable regulated funds to offer a broader range of crypto-asset strategies. Why it matters: If adopted, the framework could materially reduce custody uncertainty for institutional crypto investment, expand the pool of permitted custodians, and make it easier for advisers and funds to hold assets such as XRP. It could also improve the operating environment for crypto ETPs, though it does not approve any individual XRP product.