$ETH

The US SEC's 3rd Crypto Roundtable focused on crypto custody, with key remarks from Chairman Paul Atkins and Commissioner Hester Peirce. Here are the highlights ¹:

Key Takeaways

- *Self-Custody*: Chairman Paul Atkins emphasized the importance of self-custody, calling it a "foundational American value". He supports affording greater flexibility to market participants to self-custody crypto assets, especially when intermediation imposes unnecessary costs or restrictions.

- *Regulatory Clarity*: Commissioner Hester Peirce urged the SEC to clear up crypto custody confusion, citing unclear regulations as a major obstacle to innovation. She compared the current environment to a game of "The Floor is Lava", where firms are forced to navigate legal gray areas.

- *Investor Protection*: Commissioner Caroline Crenshaw emphasized the need for robust custody rules to protect investors from