The US Securities and Exchange Commission (SEC) proposed a custody framework on Oct. 1 that would let investment advisers and regulated funds hold crypto under rules written for it.

It is the latest of nine agency actions since Aug. 18 that span most of an asset’s life, from fundraising to safekeeping. Two came before the Senate rejected cloture on the CLARITY Act on Sept. 15, a 49-50 vote with 60 required, and seven came from Sept. 17 on.

Their legal status runs from live exemptions to pre-rule White House review, and that status determines what a crypto business can use today.

Raising money and defining the rules for crypto

The SEC’s Regulation Crypto Assets proposal, issued Aug. 18 before the vote, would create an offering regime for…