The U.S. Securities and Exchange Commission has put several crypto-related projects on its 2026 rulemaking agenda. The list signals where agency staff may propose changes, but it does not create new rules by itself.
SEC Chairman Paul Atkins said the agenda is intended to bring more clarity to crypto-asset capital raising, custody, trading, and tokenized securities. The underlying government entries provide a more precise status: all four projects discussed below remain at the proposed-rule stage.
The status in one sentence
These are planned proposals, not adopted requirements. The federal Unified Agenda describes actions agencies plan to issue. A listed target month is not a legal deadline, a publication guarantee, an effective date, or evidence that the SEC has approved final text.
What the SEC says it may address
Offers and sales of crypto assets
The entry titled “Crypto Assets,” RIN 3235-AN38, says SEC staff is considering recommending rules for offers and sales of crypto assets. Its abstract says that work could include exemptions and safe harbors.
That wording matters. “Considering recommending” does not mean the Commission has approved a proposal, and the agenda does not provide the conditions or eligibility rules that any exemption might contain.
Trading venues and market structure
The Crypto Market Structure Amendments entry, RIN 3235-AN49, contemplates changes to Exchange Act rules for crypto-asset trading on alternative trading systems and national securities exchanges.
The entry identifies the regulatory area, but it does not yet establish which assets, platforms, or transactions would fall within a future proposal. Those details would need to appear in proposed text and proceed through the rulemaking process.
Broker-dealer financial and recordkeeping rules
A separate broker-dealer entry, RIN 3235-AN48, says staff is considering how existing net-capital, customer-protection, recordkeeping, and reporting rules should apply to crypto assets.
This project concerns regulated broker-dealers. It should not be read as a completed rule for every crypto exchange, wallet provider, or customer relationship.
Custody by advisers and investment companies
The custody entry, RIN 3235-AN46, contemplates updating custody rules under the Investment Advisers Act and Investment Company Act, including their treatment of crypto assets.
Its scope is tied to advisers and investment companies. It does not by itself change how all self-custody wallets or exchange accounts are regulated.
The timetable is a planning target
The agenda lists anticipated notices of proposed rulemaking in July 2026 for the offers-and-sales, market-structure, and broker-dealer projects. It lists October 2026 for the custody project. Each entry also says there is no legal deadline.
Readers should therefore treat those months as agency planning markers. A proposal could arrive later, change scope, be withdrawn, or never become final. If a proposal is published, the text, public-comment process, later Commission action, and any stated compliance dates will determine what actually changes.
What to watch next
The next meaningful evidence would be proposed rule text in an official SEC release and the Federal Register. That would allow readers to assess definitions, covered entities, exemptions, transition periods, costs, and requests for public comment.
Until then, the most accurate takeaway is narrow: the SEC has identified crypto capital formation, trading, broker-dealer treatment, and custody as rulemaking priorities. It has not completed the rules described in these agenda entries.
Informational content only; not financial, legal, or tax advice. Regulatory requirements depend on the final text, facts, and jurisdiction.
