The SEC, the top US regulator, is reportedly preparing to propose new rules that could make it more challenging for crypto companies. These rules could include requiring qualified custodians to hold digital assets, as well as steps to ensure crypto lives up to its promise without compromising investor protection. Additionally, investors have lost more than $1 trillion since the crypto market peaked in November 2021

https://crypto-economy.com/sec-pressure-tightens-qualified-custodians-are-the-new-targets/