On June #CryptoRoundTableRemarks 9, 2025, the U.S. Securities and Exchange Commission (SEC) held its final roundtable in the initiative "Spring Sprint for Crypto Clarity." The event titled "DeFi and the American Spirit" focused on discussing decentralized finance (DeFi) and its alignment with American principles of freedom, innovation, and accountability.

The session was moderated by former SEC Commissioner Troy Paredes. Participants included SEC Chairman Paul Atkins, Commissioners Caroline Crenshaw, Mark Uyeda, and Hester Peirce, as well as Richard B. Gabbert from the cryptocurrency task force.

The discussion focused on the operation of DeFi systems without traditional intermediaries such as banks and brokers. Participants examined how smart contracts enable peer-to-peer lending, trading, and borrowing, and discussed the challenges associated with regulating autonomous financial systems.

Decentralized governance models were also addressed, where decisions are made collectively by community members. This raises important questions about accountability and the ability to combat abuses or systemic risks.