The Blockchain Association requested that the term digital asset service provider be limited to customer-facing businesses and exclude self-custody software, validators, and proprietary trading firms.

From the articleBlockchain Association backs Treasury stablecoin rule but wants tighter definitionsAlso in Blockchain Association says Treasury's GENIUS Act rollout needs clearer DeFi, foreign issuer rules, GENIUS Act: Blockchain Association Seeks Clearer DeFi, Stablecoin Rules