Subject: S7-04-23: Webform Comments from Dboy
From: Anonymous
Affiliation:

Oct. 30, 2023

Regarding the proposed amendments to the custody rule, I
firmly advocate for preserving individual freedom to own and manage
cryptocurrency assets without overly restrictive government
regulations. Cryptocurrencies represent a significant advancement in
financial technology, empowering individuals with greater control over
their financial assets. It is crucial to strike a balance between
investor protection and personal autonomy, ensuring that regulations
do not stifle innovation or impede the ability of individuals to
independently own, trade, and manage their crypto assets.

Additionally, these regulations must consider the impact on
entrepreneurial ventures and startups in the cryptocurrency space.
Startups drive innovation and economic growth, particularly in
emerging technologies like blockchain and cryptocurrencies. Overly
burdensome regulations could stifle entrepreneurial spirit and hinder
the growth of innovative projects. I urge the Securities and Exchange
Commission to adopt a regulatory approach that fosters a conducive
environment for startups, encouraging creativity, investment, and job
creation. Striking this balance will safeguard investors and nurture
the potential of innovative startups, ensuring the continued evolution
of the cryptocurrency industry.