SEC Chair Dey Show Strong Support for Crypto Self-Custody Rights Amid Regulatory Shift
SEC Chair Paul Atkins and him before Gary Gensler don talk strong about how important self-custody dey for crypto space. Dem talk say na core American value and key crypto principle e be. Atkins talk for recent policy meeting say self-custody na inborn right wey come from personal freedom and property rights—dis one mean say SEC don change because before dem no too believe in self-custody wallets and decentralized asset management. This talk come as Congress dey reason new law wey fit limit how people fit handle their digital assets privately. Plus, SEC dey look new exemption wey go make self-custody clear and easy, and still protect investors well. This growing regulatory support for self-custody fit make crypto grow more, boost innovation, and reduce wahala for compliance. For crypto traders, this development mean say regulatory risk for decentralized storage fit reduce, wey fit boost market confidence, increase trading volume, and get more people from retail and institutional investors involved.
Bullish
Di klar klar support wey comot from both current and former SEC bosses to crypto self-custody rights, togda wit possibility for regulatory exemptions wey go favour decentralized asset management, dey mean say US regulatory scene dey shift in better way. Dis kain support dey reduce di risk wey people dey fear for self-custody solutions, fit make more people begin use am, trade more, and more traders plus institutions fit enter di market. The way regulatory clarity and crypto core values dey align fit make investors trust more both short term and long term, making dis development generally good for crypto market.