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SEC Chairman Paul Atkins Backs Self-Custody, Calls It a ‘Foundational American Value’

  • SEC Chairman Paul Atkins expressed support for self-custody of digital assets, calling it a foundational American value.
  • Atkins's remarks signal a shift in the SEC's approach towards decentralized finance and digital asset ownership, emphasizing individual autonomy.
  • He advocates for reducing unnecessary transaction costs and enabling greater flexibility for market participants to self-custody crypto assets.
  • Atkins's stance could lead to policy developments that support decentralized infrastructure and user sovereignty in the U.S. amid the evolving crypto industry.

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