The U.S. Securities and Exchange Commission (SEC) has dropped its appeal, overturning the attempt to extend securities laws to decentralized finance (DeFi). This decision means that DeFi platforms are unlikely to be required to comply with registration requirements related to cryptocurrency liquidity providers. Earlier, the SEC tried to expand the definition of "dealer," which triggered criticism from crypto associations. In response, the cryptocurrency industry is hoping for a productive dialogue with the new SEC leadership.
2/22/2025 7:54:29 AM (GMT+1)
The SEC drops the appeal against extending securities laws to DeFi, paving the way for a productive dialogue between the crypto industry and the regulator
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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