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Advocate and Industry Group Urge SEC to Clarify Self-Custody and DeFi Rules

A recent U.S. SEC filing seeks clearer guidance on self-custody rights and decentralized finance dealer regulations from the agency’s Crypto Task Force.

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Terms & Concepts
  • SEC (U.S. Securities and Exchange Commission): The primary U.S. financial regulator overseeing securities markets, including certain digital asset activities.
  • Self-custody: Holding cryptocurrency directly without relying on third-party custodians, giving users control of their private keys.
  • DeFi: Short for decentralized finance; financial services built on blockchain without traditional intermediaries.