SEC Chair Paul Atkins emphasizes self-custody of cryptocurrencies as a key focus area, highlighting regulatory changes that may impact the market.
Paul Atkins' Approach to Self-Custody
Paul Atkins, Chairman of the SEC, highlights the importance of self-custody of cryptocurrencies as a foundational value for Americans. At a roundtable in June 2025, he critiqued the previous approaches under former Chair Gary Gensler, emphasizing the need for greater flexibility in crypto asset management.
Changes in Regulatory Environment
Atkins noted that the SEC's policy changes could significantly impact market dynamics. He believes that more flexible self-custody rules would allow for more aggressive trading practices and innovations in self-custodial platforms.
Market Impact and Opportunities
With the new direction in regulation, there are expectations for increased interest in decentralized finance and staking opportunities. This trend could change how asset managers and crypto exchanges handle crypto assets, influencing strategies for both institutional and retail investors.
The changes in the SEC's regulatory environment under Paul Atkins could fundamentally reshape the cryptocurrency market, offering new opportunities for self-custody and decentralized finance.
