Self-custody offers individuals a means of controlling and safekeeping their own cryptoassets without relying on a third party. It continues to draw policymakers’ attention to proposed tax rules and legislation to combat illicit finance.
To help break down how recent policy proposals could impact self-custody wallet providers and users, Cap Hill Crypto asked Seth Hertlein, Global Head of Policy at Ledger, the eight questions below. The interview has been edited for formatting purposes only.
Q1: To begin, could you please explain self-custody to someone who is just starting their crypto journey?
George Leonardo is the founder of Cap Hill Crypto, a solo-entrepreneur venture focused on providing nonpartisan insights and analysis on U.S. federal crypto policy. Previously, he worked on Capitol Hill for Senator John Cornyn and as a litigation associate at Milbank LLP.