Chair of the U.S. SEC: Suggests a More Open Attitude Towards Self-Custody of Crypto Assets

According to a report by Jinse Finance, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated at a cryptocurrency task force roundtable titled "DeFi and the American Spirit" on Monday that he recommends adopting a more open attitude towards self-custody of crypto assets. Paul Atkins said, "I support giving market participants greater flexibility to self-custody crypto assets, especially when intermediaries impose unnecessary transaction costs or restrict participation in staking and other on-chain activities."