Regulatory Shake-Up: SEC Pulls Back on Key Crypto Rules! 🚨
The U.S. SEC just withdrew major crypto proposals introduced under former Chair Gary Gensler — a big shift for the industry.
Withdrawn proposals include:
❌ Rule 3b-16 changes targeting DeFi as securities exchanges
❌ Tighter custody rules for advisors managing crypto
This could ease pressure on DeFi and advisors, potentially unlocking new growth and innovation.
Is this the start of a more crypto-friendly regulatory era?
Drop your thoughts below! 👇