#CryptoRoundTableRemarks The recent Crypto Roundtable discussion at the SEC focused on clarifying cryptocurrency regulations, particularly around custody and decentralized finance (DeFi). Key takeaways include ¹ ² ³:

- *Custody Regulations*: The SEC is exploring changes to custody rules under the Exchange Act, Advisers Act, and Investment Company Act to accommodate digital assets. Chairman Paul Atkins emphasized the need for innovation in crypto regulations while ensuring investor protection.

- *Decentralized Finance (DeFi)*: Commissioners discussed the challenges of regulating DeFi, highlighting its unique features and the need for clear guidelines. Commissioner Hester Peirce advocated for updated rules to support innovation, comparing the current regulatory environment to a game where "the floor is lava."

- *Regulatory Clarity*: The SEC aims to provide clearer guidance on crypto regulations, with Commissioner Caroline Crenshaw stressing the importance of robust investor protection measures. Chairman Atkins expressed optimism about the potential benefits of blockchain technology, including innovation, transparency, and risk management.

- *Industry Participation*: The roundtable featured expert panelists from top crypto custody service providers, including Anchorage Digital Bank, BitGo, and Kraken, who discussed the complexities of digital asset custody and potential solutions.

The discussions reflect the SEC's efforts to balance innovation with investor protection in the rapidly evolving crypto market.