The U.S. Blockchain Association has released "Principles for Digital Asset Market Structure," which includes 12 recommendations, including ensuring self-custody rights
ChainCatcher news, against the backdrop of an optimistic outlook on legislative/regulatory progress from Congress and the restructured U.S. SEC regarding cryptocurrency support, the Blockchain Association has announced its "consensus position" on digital market structure policy. With the help of its more than 100 member companies, the advocacy organization has developed 12 recommendations. One recommendation calls for the establishment of a regulatory framework that positions the U.S. as the "preferred center" for investment and technological advancement, while another seeks to protect the right to self-custody digital assets using non-custodial wallets.
The association stated: "Its principles support both open-source developers and network participants—ensuring that the responsibilities of code creators and contributors are protected while maintaining broad participation in permissionless networks. The principles regarding staking and regulatory transition provide pathways for existing and emerging business models while supporting network security and ensuring orderly market development."