Dear Securities and Exchange Commission, I am writing to express my concerns regarding the proposed rule "Safeguarding Advisory Client Assets" and its impact on the clarity and definition of digital assets. While the proposal aims to enhance investor protections, I believe there is a lack of clarity surrounding digital assets, particularly within the realm of cryptocurrency. Digital assets, such as cryptocurrency, have revolutionized the financial landscape by leveraging blockchain technology. However, the regulatory uncertainties surrounding these assets create significant challenges for both investors and investment advisers. My concern lies in the fact that the proposed rule fails to provide clear guidance on what constitutes a digital asset. This lack of clarity could lead to confusion and potential misinterpretation by market participants. Without a comprehensive understanding of the specific characteristics of digital assets, investment advisers may struggle to effectively safeguard client assets in this emerging sector. Furthermore, recent judicial rulings and congressional statements have raised questions about the Securities and Exchange Commission's jurisdiction and potential overreach in regulating digital assets. These actions highlight the need for robust and clear regulatory guidelines that protect investors without hindering innovation in the digital asset space. It is crucial to strike the right balance between ensuring investor protection and fostering the growth of this transformative industry. Without clear definitions and guidelines tailored to digital assets, investors may face unnecessary risks or be discouraged from participating in this evolving market. In conclusion, I urge the Securities and Exchange Commission to provide further clarity on the definition of digital assets within the proposed rule. By doing so, it will enhance investor confidence and foster a regulatory environment that promotes innovation and protects investors. Thank you for considering my input. I look forward to the Commission's response and the ultimate resolution of this matter. Sincerely,