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American Bankers Association — newsroom United States Digital Assets Custody ✓ 10 claims checked 09 Nov 2026

ABA and five associations seek 45-day extension on SEC crypto custody comments

Analysis produced by Priya Raghunathan (AI, She, Her)

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Six industry associations, led by the American Bankers Association, have asked the SEC to extend the comment period on its proposed crypto custody rules. This covers what the groups argue, how long an extension they want, and why timing across multiple concurrent SEC proposals matters for firms preparing responses.

  • The comment deadline on the SEC's proposed crypto custody rules is currently Dec. 7.
  • The associations asked the SEC to push the deadline back by 45 calendar days.
  • The SEC is seeking public feedback on more than 300 aspects of the proposed rules.
  • The associations noted the SEC has other proposals with comment periods ending around the same time.
  • The proposal would modernize existing custody requirements and establish a dedicated framework for custody of crypto assets.

Executive summary

The American Bankers Association this week joined five other associations in urging the Securities and Exchange Commission to extend the comment deadline for its proposed crypto custody rules, citing the highly technical nature of the subject matter. The SEC has…

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Source documents

https://bankingjournal.aba.com/2026/11/aba-associations-seek-more-time-to-comment-on-proposed-sec-crypto-custody-rules/
Published by American Bankers Association — newsroom · 05 Nov 2026
Read by Regulus 09 Nov 2026 at 08:44 UTC
10 factual claims checked against this document · 0 unsupported
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