; (I) ensure that the merchant is not trading with a decentralized crypto asset exchange on a principal basis, but solely on an agency basis at the request of a customer; and (J) consistent with this subsection, implement other standards the Commission may require by rule. (k) Risk management standards for self-Hosted wallets (1) In general The Commission shall adopt risk management standards relating to money laundering, customer identification and sanctions for self-hosted wallets that conduct transactions with a futures commission merchant. (2) Definition of self-hosted wallet In this subsection, the term self-hosted wallet means a digital interface used to secure and transfer crypto assets, in which the owner of the assets retains independent control in a manner that is secured by that interface. . (l) Limitation on futures commission merchants acting as a counterparty in crypto asset transactions A registered futures commission merchant shall not act as a counterparty in any agreement, contract, or transaction involving a crypto asset that has not been listed for trading on a registered crypto asset exchange. (m) Applicability of other core principles The Commission may require a registered futures commission merchant to comply with other standards of section 5i, including the core principles described in that section, if appropriate based on the activities and risk profile of the merchant. . (d) Common provisions applicable to registered entities Section 5c of the Commodity Exchange Act ( 7 U.S.C. 7a–2 ) is amended— (1) in subsection (a)(1), by striking 5(d) and 5b(c)(2) and inserting 5(d), 5b(c)(2), and 5i(c) ; (2) in subsection (b), by inserting registered crypto asset exchange, before derivatives each place it appears; and (3) in subsection (c)— (A) in paragraph (2), by inserting or participants before (in a ; (B) in paragraph (4)(B), by striking 1a(10) and inserting 1a(9)