In May 2025, the U.S. Congress introduced the BITCOIN Act 2025, which supports the right of citizens to self-custody digital assets like bitcoin and ether.
Introduction to BITCOIN Act 2025
The BITCOIN Act 2025 affirms the right to self-custody digital assets and underscores the importance of financial sovereignty. Legislative leaders recognize the need for a modern financial framework.
Amendments for Financial Institutions
Key players in this process include the SEC and FINRA, which have lifted previous restrictions, allowing broker-dealers to handle non-security digital assets. Neel Maitra, a former SEC expert, highlighted the revitalization potential for the market due to this lifting.
Future of Digital Asset Self-Custody
Current regulatory changes open up new opportunities for financial institutions to engage more flexibly with crypto assets. Self-custody adoption is expected to rise as clarity increases regarding the distinction between security and non-security assets.
The BITCOIN Act 2025 opens new horizons for the digital asset market in the U.S., promoting greater freedom and liquidity. The impact of this act on financial institutions and the overall cryptocurrency ecosystem could lead to further growth and innovation.
