🚀 SEC Recognizes DeFi as the 'American Dream'
Yesterday, what the crypto community has been waiting for years finally happened.
The new SEC Chairman, Paul Atkins, not only gave the 'green light' to DeFi — he called decentralized finance the embodiment of the 'American spirit'.
The market has slightly grown, and the dust has settled. Now is the time to sort out the details:
• The SEC acknowledged that staking, developing open-source code, and self-custody of assets are NOT securities operations. This is now the official position of the SEC.
• The SEC will not stretch old laws over the new reality. Instead, there will be separate rules for blockchain projects.
• DeFi projects will be able to launch legally in the USA without years of legal disputes and threats from regulators.
But the most important thing — this is not just a statement, but a promise to enshrine everything legislatively. Moreover, with the possibility of tax breaks for new DeFi products.
📈 What’s next?
The SEC understands that DeFi can 'eliminate economic friction, increase capital efficiency, provide new types of financial products, and enhance liquidity', so the integration of crypto into traditional finance will continue.
