DeutschThe US Securities and Exchange Commission (SEC) is issuing its own crypto tips for the first time. This is how the various custody options are presented to private investors. CoinPro explains why the authority is causing such a stir in the crypto scene.
Trade many different cryptocurrencies without a wallet with our CFD broker test winner Plus500 - 7 days a week.
SEC issues crypto tips on custody
The US Securities and Exchange Commission published its own crypto tips on Friday. The agency addressed the issue of custody in a text. In it, it revealed various options that private investors can use to store their cryptocurrencies.
“The SEC’s Office of Investor Education is publishing this guide to educate private investors about cryptocurrency custody options. It provides an overview of the different types of custody,” the regulator explains in the introduction.
The information presented by the SEC is basic knowledge in the crypto scene. For example, investors are taught about the importance of private keys and public keys.
The supervisory authority also presents the difference between hot wallets and cold wallets. Crypto investors are advised to always use the custody method that is most comfortable and convenient for the user. Only one concept is universally valid: private keys must be kept safe.
The SEC’s representations are initially not very innovative or controversial. However, the authority is still causing a stir with the guide. By the editorial deadline, a related post on X had reached a total of 1.8 million views.
You are currently seeing a placeholder content of X. To access the actual content, click on the button below. Please note that data will be passed on to third-party providers.
This is why the SEC is causing a stir with its crypto post
The fact that the SEC is achieving such enormous numbers of views is due to a crucial symbolic effect. Before the Trump cabinet took over the offices of the US government in January, the SEC was considered one of the most important opponents of Bitcoin and Co. worldwide.
The authority’s relationship with the industry was characterized by animosity and repression. The stock exchange supervisory authority took several lawsuits against well-known and small crypto companies. This relationship only changed drastically during Donald Trump’s second term in office.
Today, Paul Atkins is the chairman of the SEC. Atkins, an active supporter and follower of cryptocurrencies, is the successor to the notorious SEC chief Gary Gensler, who was in office from 2021 to 2025.
Gensler led the SEC with a hard hand against crypto. The stark contrast between Gensler’s and Atkins’ leadership styles is now causing the enormous stir. With its guide, the SEC clearly shows that it is deviating from its earlier, crypto-hostile course.
With its crypto tips, the state institution is giving the crypto market a boost of confidence. The positions of official bodies are important for many investors.
“It’s nice to see the SEC making an effort to educate in a peaceful way instead of constant attacks,” wrote Crypto Wendy in one of the top comments under the SEC post.
It is not the SEC’s first approach to crypto. A few days ago, the stock exchange supervisory authority gave the DTCC a blank check. In it, it stated that it would not take action against the tokenization of securities planned by the DTCC. The DTCC is the most important clearing house for securities on US stock exchanges.
The work of the SEC is expected to lead to a general opening of the US financial market for crypto ETFs, which has not yet happened. This could open up new target groups who could then invest several billion US dollars in the crypto market.
In August, Office Manager Atkins launched Project Crypto, a concept through which he wants to transform the United States into a global crypto center.
