Cryptocurrency companies may be required to separate customer funds from their own and strengthen safeguards. Proposed rules would also mandate reporting of major losses, cyber incidents, and other operational issues.

Customer assets would need to be stored offline, with 80% of funds kept off the internet. This is intended to protect users in the event of hacking, withdrawal freezes, or sudden shutdowns.

Further details on the proposed rules are available, including the release date of the proposals and the regulatory body behind them.