Tag: custody

SEC Rethinks Crypto Strategy, Withdraws DeFi and Custody Rules

06/15/2025

SEC Rethinks Crypto Strategy, Withdraws DeFi and Custody Rules

The U.S. Securities and Exchange Commission (SEC) has formally rescinded a number of widely-criticized rules. These rules were originally proposed under former Chair Gary Gensler. Should that happen, this would be a highly consequential decision that would reflect the agency’s considerable pivot toward aggressively regulating digital assets. The decision represents...

Further Reading

Decentralized Finance Development, formerly known as Janover, hit a big milestone. They got a $5 billion equity line of credit (ELOC) from RK Capital Management. The firm intends to deploy these proceeds to increase its strategy to earn Solana (SOL) digital assets. This action will further ignite growth in SOL...

The decentralized finance (DeFi) space is exploding. Positive signals from the Securities and Exchange Commission (SEC) and large inflows into Ethereum ETFs are stoking this momentum. The overall market capitalization of the DeFi sector has increased by 10% to $150 billion. In addition, it’s a sign of increasing investor confidence...

In short, the U.S. Securities and Exchange Commission (SEC) appears to be laying the groundwork for a new, more contentious approach to decentralized finance (DeFi). On June 9th, the agency held the bizarrely named roundtable “DeFi and the American Spirit.” SEC Chairman Paul Atkins just yesterday offered up the thrilling,...

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins has been pushing the Commission to adopt these new rules. In particular, he seeks to exclude decentralized finance (DeFi) platforms from certain regulatory impediments. Atkins has directed SEC staff to look into creating some sort of “innovation exemption.” It would allow...

Vaultro Finance’s $VLT token presale is taking the XRP Ledger (XRPL) ecosystem by storm. In fact, it’s accomplished 10% of its softcap already just days after its public debut! This milestone coincides with XRP's significant price surge, officially crossing the $2.50 mark and injecting bullish sentiment into the market. Vaultro...

Aave, the decentralized finance (DeFi) lending platform, hit a new milestone! It has now notched an impressive $40 billion total value locked onchain. That’s a historic jump, up an astounding 60% from just last month. It pretty much plants Aave’s flag even more strongly into the DeFi landscape. The increase...

Now Solana, one of the top blockchain platforms, is nearing the close of its $56 million presale. On the whole, it has already sold successfully 91.60% of its tokens! This milestone is a positive sign of investor confidence in Solana’s long-term recovery from the technical challenges it experienced throughout 2023....

Web3 AI has everyone in the crypto world buzzing. Its suite of AI-powered tools and a very successful presale that has already raised over $2.5 million! The platform’s proactive Scam Detector is receiving major accolades for protecting investors from fraud. At the same time, Avalanche (AVAX) suffers one of the...