> You got to love how industry regulations really defeat most of the benefits and points of the decentralization by going in the opposite direction.

Are industry regulations preventing self custody?

I hope, and believe we're talking about regulation being rightly applied to centralised exchanges. So they don't front run customers on token listings (Coinbase), use customer funds when customer's haven't allowed them to (FTX), replace their customer's coins with a different currency (Binance), or whatever else.