#CryptoRoundTableRemarks

Based on recent news, a significant crypto roundtable was held by the U.S. Securities and Exchange Commission (SEC) in late April 2025. This "Crypto Task Force Roundtable" focused on the important topic of crypto asset custody

🔅SEC's Focus on Custody: Newly appointed SEC Chairman Paul Atkins opened the roundtable by stating he anticipates "huge benefits" from blockchain technology, highlighting its potential for efficiency, risk reduction, transparency, and cost-cutting.

📜A primary focus was digital asset custody, which is seen as crucial infrastructure for the future of the industry. Uncertainty around custody has been a concern for institutional investors ✨.

🔅Regulatory Approach: Chairman Atkins emphasized a collaborative, transparent, and forward-looking regulatory approach, which differs from previous enforcement-centric strategies🕸️. Following the roundtable, reports indicated that Atkins believes the SEC already has sufficient authority under existing laws to regulate digital assets, though Congressional input is always welcome.