New SEC submissions call for regulations on self-custody and DeFi

Recent SEC submissions emphasize self-custody protections and the need for regulatory clarity in decentralized finance (DeFi). The Louisiana submission highlights federal legislative necessary adjustments to safeguard digital assets and improve investor protection.

Negotiations are underway for the CLARITY bill, aiming to establish a compliant federal crypto market structure. Coinbase CEO Brian Armstrong stresses the importance of finding a mutually beneficial solution for all stakeholders involved in the evolving crypto landscape.

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