<ul><li>SEC Commissioners Peirce and Uyeda challenged the assumption that most crypto assets are securities.</li><li>Peirce called for clarity in crypto custody rules and emphasized self-custody as a viable option.</li><li>Uyeda focused on competition and the use of state-chartered limited-purpose trust companies for custodial services.</li><li>He also argued that many crypto assets are not securities and called for the SEC to clarify the categorization of these assets.</li></ul>

SEC Commissioners Peirce and Uyeda: “Most Crypto Assets Are Not Securities”

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