SEC Officials Defend Self-Custody as Debate Over Crypto Bill Grows
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As debate intensifies around Kentucky’s crypto legislation, leaders at the US Securities and Exchange Commission have voiced support for self-custody rights. Chair Paul Atkins said he favors allowing individuals to control their own assets, especially when intermediaries introduce added costs or risks.
SEC Commissioner Hester Peirce has also emphasized that financial privacy and self-custody are fundamental freedoms. Her comments highlight a growing divide between regulatory proposals and core crypto principles, as policymakers continue to grapple with balancing security, innovation, and individual control.