⚖️ Major Regulatory Update: SEC Withdraws Key Crypto Rule Proposals!
The U.S. SEC has officially withdrawn several crypto-related rule proposals introduced under former Chair Gary Gensler, signaling a notable shift in the regulatory landscape.
Key proposals withdrawn include:
🚫 Amendments to Exchange Act Rule 3b-16 targeting DeFi platforms as national securities exchanges
🚫 Stricter custody requirements for investment advisors handling crypto assets
This move could ease regulatory pressure on DeFi projects and crypto advisors, potentially opening the door for more innovation and growth.
What’s your take? Could this be a turning point for crypto regulation in the U.S.?
#CryptoRegulation #SEC #DeFi #BinanceSquare #CryptoNews #Blockchain
