#CryptoRoundTableRemarks Recently, the SEC convened a roundtable meeting aimed at focusing on regulatory clarity for cryptocurrencies, specifically regarding custody and DeFi. Here are the key points:

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

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

- Regulatory Guidance: The SEC is still working to provide guidance on custody practices, especially in terms of balancing innovation with investor protection.

- Industry Perspectives: Some of the leading cryptocurrency 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 continuously evolving crypto environment. #CustodyRegulations #DeFi #RegulatoryClarity #CryptoRegulations #SEC