$BTC News From Last Night And This Morning
⚡️ SEC is moving towards a more crypto-friendly legal framework, paving the way for self-custody of assets
🟢 SEC Chairman, Mr. Paul Atkins, stated at the fourth meeting of the Cryptocurrency Task Force that the agency will adopt a more crypto-friendly legal framework, focusing on issuing new guidelines for the issuance and custody of digital assets
🟢 He also mentioned that upcoming policies will focus on creating regulations and exemption mechanisms, and may allow self-custody of assets for funds and financial advisors under certain conditions.
🟢 Additionally, SEC Commissioner Mrs. Hester Peirce stated that “the tokenization of assets will not be able to reach its full potential if it lacks legal clarity.”