Ethereum Breaks New Ground with SEC’s Support for DeFi Innovation

The US Securities and Exchange Commission (SEC) has shown strong support for Ethereum and decentralized finance (DeFi), proposing a clear regulatory path for this growing industry. Chair Paul Atkins emphasized the importance of rules, rather than informal guidance, on topics like staking, self-custody, and open-source development. This move marks a significant shift in how regulators view blockchain technologies. He clarified that Ethereum’s staking and mining activities are not securities transactions, advocating for formal rulemaking instead of vague interpretations. ]