Regime shift for Ethereum and DeFi 😮
SEC Chair Paul Atkins just delivered the strongest pro-DeFi statement ever made by a US regulator. This isn’t vague support — it’s a roadmap.
🗒 He said directly: mining, validating, and staking-as-a-service are not securities transactions. And he wants that formalized through rulemaking, not just internal memos.
He defended self-custody and open-source development. Publishing wallet or staking code is not brokerage activity. Engineers aren’t intermediaries. Builders shouldn’t be regulated like banks.
One line stood out:
The right to have self custody of one's private property is a foundational American value that should not disappear when one logs on to the internet.
He also drew a hard line between CeFi and DeFi. Centralized platforms failed. Ethereum didn’t. The code kept running 🔹
Bullish for:
🟢ETH🟢AAVE🟢ENA 🟢HYPE 🟢MKR
