Under newly proposed U.S. Treasury rules, potentially effective 2025, people providing certain DeFi websites, NFT marketplaces, crypto wallets, or other services “facilitating” crypto sales would have to make a decision: centralize, shut down, or block all U.S. users (and possibly VPNs).

Under this backdrop, we invited policy leads from Block, Metamask and Blockchain Association to talk about their experience with the now delayed regulation and the implications for self-custody.

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