SEC Repeals Crypto Rules, Easing Restrictions on Custodians – Coincu

The U.S. Securities and Exchange Commission (SEC) repealed key rules governing crypto custody and DeFi platforms on June 13, marking a strategic shift towards a more permissive regulatory environment.

SEC’s recent decision involves the scrapping of the expanded custody rule aimed at digital assets and rescinds Rule 3b-16, which targeted DeFi exchanges as securities exchanges. This repeal also dismisses proposed ESG disclosure requirements for listed entities.

Market Poised for Growth as Regulations Roll Back

As rules evolve, banks and institutions are now positioned to offer digital asset custody on a broader scale. These changes reverse previous mandates that constrained such activities, thus catalyzing potential market expansions.

Market reactions have shown a favorable tilt, with industry leaders indicating support. Rob Nichols of the ABA celebrated this move, asserting that it facilitates legal clarity and innovation, leading to potentially safer channels for digital asset management.

“Our past handling of crypto resulted in ‘confusion about what is legal, which creates an environment hostile to innovation and conducive to fraud.’” – Mark Uyeda, Acting Chairman, SEC.

Historical Context, Price Data, and Expert Analysis

Did you know? In prior scenarios where similar SEC regulations were reversed, such as the 2021 amendments in other jurisdictions, comparable industries saw a 30% increase in institutional crypto participation over the following year.

Data from CoinMarketCap as of June 13, 2025, reveals Bitcoin (BTC) priced at $104,405.30 with a market cap of 2.07 trillion. In the past 24 hours, Bitcoin recorded a trading volume shift of -2.97%, with a slight rebound noted over seven days at +1.57%.

Research insights anticipate regulatory relaxation fostering financial innovation, while maintaining protective measures against fraudulent practices. The historical precedence of repealing similar constraints suggests a trend towards sustained growth and financial nourishment within crypto markets.