SEC Chair Paul Atkins signaled a shift in the agency’s stance toward self-custody of crypto assets, calling it a “foundational American value.” Speaking at the SEC’s final Crypto Task Force Roundtable, he expressed support for allowing individuals more flexibility to self-custody digital assets, especially when intermediaries add unnecessary costs or block on-chain activities like staking. Atkins also criticized past regulatory overreach and urged the agency to avoid using outdated frameworks to restrict innovation, adding that he has directed staff to consider new guidance or rulemaking to support compliance for decentralized systems. Source: The Block
