SEC and Block Push Crypto Deeper Into Banking and Transfer-Agent Rails

SEC rulemaking and Block’s trust-bank push are pulling crypto into the regulated infrastructure that powers custody, issuance, and servicing.

Updated

What is this trend?

Crypto is moving into regulated banking, custody, and transfer-agent infrastructure as the SEC and firms like Block push it toward securities-style operating rules.

  • SEC proposals could standardize crypto issuance, custody, and recordkeeping like traditional securities
  • Transfer-agent modernization may enable tokenized issuance and ownership records
  • Block’s OCC trust-bank bid signals demand for regulated custody and fiduciary services
  • Jurisdiction and approvals still gate launches, keeping compliance a competitive moat
  • Infrastructure winners will be the firms that turn regulation into distribution

What’s the latest?

The SEC advanced crypto toward securities-style operating rules this week with two proposals: a “Regulation Crypto Assets” framework for certain crypto investment contracts and a modernization of regi

How it developed

  1. Workflow control AI, regulated private markets, crypto custody rails, and WealthTech consolidation
    • Crypto Moves Into Regulated Custody, Collateral, and Tokenization Rails

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