SEC Proposes DeFi Innovation Exemption: A Shift in Regulatory Approach

The SEC’s proposed innovation exemption for DeFi platforms marks a potential turning point in U.S. regulatory policy, aiming to foster greater integration and clarity for this rapidly growing sector. SEC Chairman Paul Atkins has initiated this initiative, emphasizing self-custody rights and on-chain software development as key elements of the proposal. The aim is to incentivize institutional investment and accelerate innovation within the cryptocurrency space by reducing regulatory barriers. }