The SEC has proposed a rule change allowing investment advisers and funds to hold client cryptocurrency assets directly, marking a potential shift in regulatory custody standards. This development could streamline how institutional investors manage digital asset portfolios without relying on third-party custodians. In other developments, the top 185 holders of the $TRUMP token are now eligible to win seats at a dinner with Trump scheduled for November 22. Additionally, Drift Protocol has opened claims for DFX tokens to compensate victims affected by the platform's security exploit in April.