DeFi Innovation Takes Center Stage: Chair Atkins Proposes Conditional Regulatory Relief

Chair Paul Atkins, former SEC Commissioner and head of the DeFi Innovation Council, has proposed a unique approach to jumpstart the growth of decentralized finance (DeFi) in the United States. His proposal suggests conditional regulatory relief through an experimental framework that would allow DeFi protocols to operate with more flexibility while ensuring investor protection. This approach is gaining traction within the financial community and could signal a shift toward a more open environment for innovation.