Regulation· ★★★· bullish·

CFTC Chair Selig vows to protect crypto users' right to self-custody

  • —CFTC will protect both self-custody and third-party custody of crypto assets
  • —Selig stressed the safety of assets held by trusted third-party custodians
  • —The statement was made on October 8, per Cointelegraph
Why it matters: A US regulator backing self-custody reduces the risk of restrictions for holders and wallet providers.
Source: Bloomingbit
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