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SEC president tells the DEFI American revolution, where ETH prices are pumped 8 %

“The American values ​​of economic freedom, private property and innovation are in the DNA DNA,” said SEC Paul Attins President of the latest encryption work in decentralized financing on June 9.

Atkins criticized the “regulatory frameworks that dates back to a century” on Defi and Blockchain, noting that the current securities bases are designed for traditional brokers and exporters, not self -software systems.

“The previous administration led to the frustration of Americans from participating in Blockchains by emphasizing through judicial cases, speeches, regulation and threatened organizational procedures in which participants and service providers may participate in securities transactions.”

The green light for ethereum defi

Atkins also explained that the voluntary participation in the work proving network or the evidence network as a mine, an interest or interest provider to serve “not within the scope of federal securities laws”.

He also supports “providing greater flexibility” for the market participants for the origins of self -needs encryption, and said, “Spreading the deceptive symbol or the portfolio program is not an activity of mediation.”

Moving forward, SEC president directed the employees to explore guidance for registrars who deal with Blockchain systems and consider the rules amendments to accommodate financial systems on the series. He also suggested the framework of “exempting innovation” to enter the expedited market for the products and services compatible with the series.

“Exempting innovation can help achieve President Trump’s vision to make America” ​​the planet’s encryption capital “by encouraging developers, businessmen and other companies that want to comply with certain conditions for innovation with chain techniques in the United States.”

“It was” a huge day for ethereum, “said former developer Eric Conner, who added, if this became a policy, said the United States becomes the world of encryption in the world.

“Ethereum gets an organizational clarity of roaming, the second, and the second infrared is open source”

ETHEREUM is the DEFI industry standard with a value of 68 billion dollars, which gives the network the lead market share by 55 %, more than all other chains combined, According to To Devilia.

ETH price interacts

ETHEREUM prices have interacted positively with the round table, increased by 8 % a day from less than $ 2,500 up at $ 2,720 during the Asian trading session on Tuesday morning.

However, this level has proven that it is a strong resistance four times over the past month, and the asset decreased again from the top of the day.

ETH was associated with the group last month and needed to break more than $ 2,800 to see more momentum.

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