SEC Commissioner Paul Atkins has declared the right to self-custody cryptocurrency as a fundamental American value that deserves full protection. His statement highlights a growing recognition among U.S. regulators of the pivotal role self-custody plays in shaping a more open and efficient financial ecosystem.
Speaking on the evolving landscape of digital assets, Atkins emphasized that enabling individuals to maintain control over their crypto holdings not only aligns with the foundational ideals of personal liberty and financial autonomy but also presents clear economic benefits.
“Protecting the right to self-custody reduces costs and fosters greater on-chain activity,” Atkins noted, signaling his support for policies that empower individuals rather than central intermediaries.
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Self-custody refers to the ability of crypto holders to store and manage their digital assets independently, typically through hardware wallets or decentralized platforms, without relying on centralized exchanges or custodians.
Atkins’ comments come at a time when lawmakers and regulators are increasingly debating the future of digital asset regulation in the U.S., especially in light of rising institutional interest and high-profile security breaches at centralized platforms.
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