#CryptoRoundTableRemarks Recently, the SEC convened a roundtable meeting that sought to focus on regulatory clarity for cryptocurrencies, specifically custody and DeFi. Here are the key takeaways:

- Custody Rules: The SEC is contemplating updates to custody rules specifically for digital assets, as the agency tries to strike a balance between investor protection and the importance of innovation.

- Challenges of DeFi: The SEC acknowledged that DeFi has certain characteristics that limit the identification of certain aspects of DeFi law and guides.

- Regulatory Guidance: The SEC is still working towards providing guidance for custodian practices, especially in terms of balancing innovation with investor protection.

- Industry Perspectives: Some of the top crypto custody providers appeared as experts... They shared their thoughts on the complexities of digital asset custody.

Reading this discussion shows that the SEC is actively looking to advance innovation while providing investor protection in a continually advancing crypto environment. #CustodyRegulations #DeFi #RegulatoryClarity #CryptoRegulations #SEC