SEC Withdraws Controversial Crypto Regulations: What It Means for the Market
The U.S. Securities and Exchange Commission (SEC) has officially withdrawn several proposed crypto regulations that were introduced under former chair Gary Gensler. Among the most significant reversals is the amendment to Rule 3b-16 of the Exchange Act, which would have required decentralized finance (DeFi) platforms to register with the SEC—a move many feared would stifle innovation in the crypto space.
:</strong> As the backbone of DeFi, Ethereum stands to benefit significantly.</li>
<li><strong>Solana (SOL):</strong> Known for its scalability, Solana could attract more DeFi projects.</li>
<li><strong>Cardano (ADA):</strong> With its focus on compliance, ADA may gain traction among cautious investors.</li>
</ul>
<p>The SEC’s latest move underscores the evolving nature of crypto regulation. For now, the market can breathe a sigh of relief—but the conversation is far from over.</p>
<div class=)
