Chairman Paul Atkins advocates for self-custody rights and an 'innovation exemption' to enhance DeFi development, emphasizing American values during a recent roundtable.
SEC Chairman Paul Atkins delivered a significant address advocating for self-custody of digital assets and proposing an 'innovation exemption' to support decentralized finance (DeFi). He criticized the SEC's previous enforcement-focused approach and highlighted the need for regulatory clarity to foster innovation. The SEC's Crypto Task Force is working on a comprehensive framework to promote economic freedom and align with America's values.