The U.S. Blockchain Association released the "Digital Asset Market Structure Principles", including 12 recommendations such as ensuring self-custody rights

According to BlockBeats, on January 29, the Blockchain Association released its "consensus position" on digital market structure policy, amid optimism about the legislative/regulatory progress of a pro-cryptocurrency Congress and a reorganized U.S. SEC. The advocacy organization developed 12 recommendations with the help of more than 100 of its member companies. One of the recommendations calls for a regulatory framework that positions the United States as a "preferred center" for investment and technological advancement, and another seeks to protect the right to self-custody digital assets using non-custodial wallets.

The association said: "Its principles support both open source developers and network participants - ensuring liability protection for code creators and contributors while maintaining broad participation in permissionless networks. Principles on pledge and regulatory transition provide a path for existing and emerging business models while supporting network security and ensuring orderly market development."