#CryptoRoundTableRemark

Roundtable on cryptocurrencies by the SEC: Paul Atkins expresses his support for cryptocurrency custody and DeFi activities

At the SEC's cryptocurrency roundtable, Chairman Paul Atkins expressed his support for cryptocurrency custody and revealed plans to provide more guidance.

Paul Atkins stated that the right to self-custody of one's private property is a "fundamental American value" that should not change, even regarding cryptocurrencies.

He declared that he is in favor of offering flexibility for market participants to easily self-custody their crypto assets.

The SEC chairman has directed the staff to determine if more guidance is needed on self-custody and DeFi activities.

On this occasion, Atkins spoke in favor of the right to self-custody at the SEC's cryptocurrency roundtable and revealed that he has instructed the staff to consider whether it is necessary to provide greater guidance on DeFi activities.