You can still technically have your own custody of your own stocks. So far as I know, it might be difficult from a practical standpoint, but there's no law against that. The SEC is generally not going to look at like whether a wallet is helping people secure their own stocks in the right way. But they are definitely going toLook at a place that sets itself up and says, will help you trade crypto token A for crypto token B if either of those or both happen to meet the definition of a security. It could add a lot of domes.

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