SEC Rescinds DeFi Custody Rules, Uniswap Improves UX with Smart Wallet Feature Update

The SEC has withdrawn key proposals aimed at regulating decentralized finance (DeFi) and crypto custody. This decision eases regulatory burden on the industry while suggesting potential future oversight. Meanwhile, Uniswap Labs integrates smart wallet functionality into its mobile app, offering one-click swaps, efficient transaction bundles, and gas fee management through its upcoming Pectra upgrade. Polygon expands its native token POL to Solana using Wormhole’s NTT framework, maintaining core functionalities across chains and paving the way for new cross-chain use cases.