--

[SEC Proposes Amending 1940 Act Rules to Allow Advisors to Directly Hold Bitcoin Without Qualified Custodians] Odaily Planet Daily reports that Bitcoin News posted on the X platform stating that the SEC plans to propose new rules under the 1940 Act, allowing investment advisors to directly hold Bitcoin and other digital assets when no qualified custodians are willing to provide custody for such assets. The SEC noted that traditional custodians often refuse to custody these types of assets, creating compliance gaps in the existing custody framework. The proposal will initiate a 60-day public comment period after its publication in the Federal Register.

24/7 Flashes

More >
Today 2026-10-03
23:00

The White House establishes the Super Intelligence Working Group, chaired by Jay Clayton

22:56

Coinbase Chief Commercial Officer: Collaborating with six globally systemically important banks to increase Bitcoin exposure

22:40

The number of job postings in the cryptocurrency industry increased to 1241 in September, while the number of job applications dropped to less than 20000

22:11

Core Lightning prompts node upgrade to 26.06.8 to fix vulnerability

21:32

Porsche ends Web3 project and PIONEERS CIRCLE, with NFT transactions totaling nearly $20 million