#CryptoRoundTableRemarks #CryptoRoundTableRemarks

Regulators rate DeFi as the 'American spirit', call for regulatory clarity

In the latest round of roundtables organized by the SEC's Crypto Task Force, high-ranking officials such as Chairman Paul Atkins, Commissioner Caroline Crenshaw, and Commissioner Hester Peirce conveyed a clear message: DeFi embodies fundamental American values, but it needs a clear regulatory environment to thrive.

Chairman Atkins pointed out that self-custody is a fundamental right and warned against imposing unnecessary legal intermediaries. He supported a formal rule-based approach, the design of clear exemptions for crypto intermediaries, and a specific regime for DeFi, moving away from the reactive model of 'first impose penalties.'

Commissioner Crenshaw emphasized the diversity of the crypto ecosystem: some platforms operate under registrable oversight, others do not, and the key debate is how to balance consumer protection without stifling innovation.

Additionally, critical topics such as asset tokenization, interoperability between blockchains, and code transparency were addressed. Multiple panelists concluded that regulation should prioritize actual functions and risks (custody, liquidity, fraud), not merely the act of publishing open-source code.

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📌 Key points from the debate

Self-custody as a constitutional right, not something that should be heavily regulated.

Proactive regulation: clear rules, not surprise fines.

Focus on operational risks, rather than on underlying technology.

Coordination and global standards: regulators, industry, and developers working together.#CryptoRoundTableRemarks