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,...
Okay, folks, let's be real. For years, the SEC and crypto have had the kind of love-hate relationship you might find in a terrible rom-com. Picture this as American Gothic with Brad and Angelina replaced with Gary Gensler glowering at a Bored Ape. Remember how much fun they had making...
The SEC’s sudden love for DeFi seems…off, right? Similar to learning your deeply anti-tech uncle just purchased a Bored Ape. For a peek into the Chairman’s optimism, take a look at Chairman Atkins’ upcoming roundtable on “DeFi and the American Spirit.” As builders on Layer 1s ourselves, we should—and do—have...
The Securities and Exchange Commission (SEC) appears to be having a change of heart on DeFi. Under new leadership of Chairman Paul Atkins, the SEC is seriously looking into an “innovation exemption” policy. This policy change would enable DeFi actors to bring on-chain innovations to market with reduced regulatory scrutiny....
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...
Ethereum has made big news lately, riding a wave of price appreciation above the $2,700 level. Here’s what’s driving the rally Changing perceptions of the U.S. Securities and Exchange Commission’s (SEC) approach to crypto. This transformation especially affects Ethereum and De centralized finance (DeFi). GreedyChain.com is your guide to help...
So, Ethereum’s mooning, DeFi’s booming, and the SEC’s gone all warm and fuzzy on us. Color me skeptical. We're all popping champagne over what looks like a win, but I'm seeing something else entirely: a potential slow-motion rug pull disguised as regulatory approval. Yes Paul Atkins talks about the virtues...
Okay, folks, let's be real. The SEC and DeFi … 2 It’s as amusing as watching your grandpa download TikTok. You roll your eyes, you roll with laughter and most of all you are not looking for the Big Idea. So, when I heard about this "innovation exemption" for DeFi…...
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...
The SEC’s dalliance with an “innovation exemption” for DeFi is akin to seeing a toddler walk for the first time. Exciting, promising, but terrifyingly prone to face-planting. When you do, you’ll unlock an immense new wave of innovation. Please reduce red tape. By cutting unnecessary red tape, you’ll help DeFi...
