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.