#CryptoRoundTableRemarks comments made by SEC Chairman Paul Atkins during the SEC's 3rd Crypto Roundtable. Atkins expressed support for crypto custody and DeFi activities, emphasizing the importance of self-custody and innovation in the industry. He stated that the right to self-custody digital assets is a "foundational American value" and advocated for greater flexibility in this area. Atkins also directed the SEC staff to consider providing further guidance on DeFi activities and explore the possibility of a conditional exemptive relief framework or "innovation exemption" to facilitate the growth of on-chain financial markets.

Atkins' remarks highlighted the potential benefits of blockchain technology, including increased efficiency, cost reduction, transparency, and risk mitigation. He encouraged cooperation between regulators and industry participants to establish a rational regulatory framework for crypto assets. The roundtable discussion focused on the challenges SEC registrants face in safely custodying crypto assets for their customers, with panelists including leaders from top crypto custody service providers.