#CryptoRoundTableRemarks The latest crypto roundtable remarks are focused on clarifying regulations for the crypto industry. Here are some key takeaways:

- *SEC Chair's Remarks*: SEC Chair Paul Atkins emphasized the need for clear crypto rules, stating that the current framework "badly needs attention". He expressed support for innovation and pledged to engage with market participants and the Trump administration to establish a rational regulatory framework for crypto assets.¹

- *Regulatory Challenges*: Commissioner Hester Peirce highlighted the uncertainty surrounding crypto custody regulations, comparing it to a game where firms are forced to leap over legal gray areas. She urged the SEC to update and clarify crypto-specific rules to support innovation while ensuring investor protection.

- *Custody Rules*: Commissioner Caroline Crenshaw emphasized the importance of robust custody rules for crypto assets, citing unique risks such as hacks, protocol failures, and smart contract bugs. She cautioned against lowering the bar for investor protection.² ³

- *Industry Feedback*: The roundtable discussion included industry experts and crypto firms, who argued for a principles-based, tech-neutral approach to regulation. They warned that overly prescriptive rules could stifle innovation.

- *Market Reaction*: The crypto market showed a net positive trend ahead of the SEC's custody roundtable, with Bitcoin up 2% and Ethereum up 2.31%.