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    Home»Web3»SEC President Paul Atkins says that self -custody is a foundation American value
    Web3

    SEC President Paul Atkins says that self -custody is a foundation American value

    PineapplesUpdateBy PineapplesUpdateJune 9, 2025No Comments3 Mins Read
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    SEC President Paul Atkins says that self -custody is a foundation American value
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    Paul Atkins, president of the US Securities and Exchange Commission (SEC), targeted the crypto policies of the previous administration in the latest roundate of regulators searching for digital asset regulations.

    “Defa and the American Spirit” in a Monday incident led by SEC’s Crypto Task Force, Atkins Said Former administration, former chairman Gary Gensler, took a huge outlook through the courts, suggesting the agency’s stance on digital assets under Gary Genslar. He said that SEC policies on stacking as a service provider required Congress’s approval for permanent rights, and postponed the self-cosmetry as “fundamental American value”.

    “I am in favor of giving participants more flexibility to the participants of the market for self-custdy crypto assets, especially where arbitration implements unnecessary transactions or restrictions to engage in stacking and other onchain activities,” Atkins said at the rounded event.

    “Unfortunately, the former administration insisted through regulatory functions to reduce innovation in self-custodial digital wallets and other onchain technologies that such software developers could conduct brokerage activities.”

    SEC President Paul Atkins says that self -custody is a foundation American value
    Paul Atkins on Monday addressed the “Defa and the American Spirit” roundateable participants. Source: Second

    The roundateable event was the fifth one in 2025, organized by the SEC’s Crypto Task Force, presided over by Commissioner Haster Peerus. The previous roundateable discussions focused on the position of tokens in the form of crypto trading regulation, detention, tokenification and securities. Until Monday, no additional roundateable event appeared on the SEC calendar.

    Connected: Securities laws go beyond simple definitions – SEC Commissioner

    SEC Commissioner Caroline Krenshow said, “… These roundtables have given us a lot to say at least. While the series was billed as a ‘spring sprint’ for Crypto’s clarity, ‘I am uncertain whether we have identified or clarified quickly (…) with issues of this complexion,”