Why do you reduce SEC from the DEFI: Atkins Eyes RLIEF chair
The US Securities and Stock Exchange Committee (SEC) is reviewing how decentralized financing (Defi) and Blockchain technology. Modern signals from SEC officials indicate updates that may encourage innovation, with the limits of organized activity.
Data from SEC, led by Paul S. ATKINS president, highlights plans to review some restrictions, treat self -body, and provide targeted relief to the chosen Blockchain projects.
Since Defi reshapes the digital asset markets and policy discussions, SEC leaders evaluate the amount of flexibility to be provided. Their goal is to protect investors without undermining the progress of fast -moving technology.
SEC chair urges modern Defi list
SEC Paul S. Akins on the agency’s intention to adapt. During the encryption team Round table In decentralized financing, Atkins emphasized how Defi corresponds to American values such as innovation and economic empowerment.
He admitted that some previous regulations may have limited growth.
“The administration of the former US government has frustrated the Americans from participating in these market systems by emphasizing through judicial cases, speeches, regulation and threatened organizational procedures in which participants and service providers may participate in securities transactions,” Paul Atkins. He said.
Currently, SEC weighs exempt relief, which can allow startups eligible to work without immediate regulatory intervention. While employees review the amendments to self -needs and exemptions for specific Defi activities, this approach represents a shift towards open dialogue and accurate organizational changes.
Mining, legal limits
SEC has also made it clear as it fits the proof of mining and protocol under the Securities Law. The Foundation’s financing department explained that not every mining or activity activity in overseeing the Supreme Education Council. This discrimination is crucial for Defi projects based on community consensus models.
For more clarity, the Supreme Council for Education published guidance: a statement of some Mining activities proof of work And a statement on some Protocol activities. This data determines activities that may occur outside the current securities law. Thanks to these interpretations, both developers and users can follow the Blockchain innovation with greater confidence and uncertainty.
However, the Supreme Education Council remains committed to protecting the markets. By identifying the activities organized, the agency maintains transparency while ensuring the security of the investor and the safety of the market.
Legal precedents and front track
The courts are also working on the organizational trend of Defi. SEC cited the continuous state of Risley V. Universal Navigation Inc. To help identify responsibility for software installations and participants in Defi Protocols.
In the words of one of the courts, it would be illogical to hold a developer of a self-driving car-Hana, quoting the court’s decision-to “use the third party to the car to commit traffic violation or a bank theft. In these circumstances, one will not sue the car company to facilitate it to commit violations; they will lead the individual who makes the error.” Atkins I mentioned.
Legal experts say this precedent will be important when assessing how decentralized systems and smart contracts are organized. Through the transparent judicial references, SEC builds a predictive and predictable road map that allows legal growth in Defi.
The growing DEFI effect drives US policy makers to pressure for more clarity. With the development of this sector, SEC’s focus on the continuous adaptation and discussion can be the scene of digital assets in the country for years to come.
Disintegration
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