U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has emphasized that self-custody of crypto assets represents a core American value, calling for greater freedom for investors to control their own digital assets. Speaking at the Crypto Task Force roundtable on June 9, Atkins highlighted that allowing users to hold their crypto directly is essential not only for individual rights but also for the advancement of blockchain technology.
Atkins criticized the high costs and limitations imposed by intermediaries, noting that centralized platforms often restrict on-chain activities like staking. His remarks are seen as a strong endorsement for decentralized applications and personal wallet solutions, especially at a time when regulatory pressure is rising.
Experts believe Atkins’ approach could signal a more libertarian shift in U.S. digital asset policy, encouraging individuals to reduce reliance on centralized exchanges. Such a move could promote greater security, transparency, and autonomy across the crypto ecosystem.
