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Binance Founder Declares ‘DeFi Day’ Amid SEC Regulatory Engagement

Binance founder Zhao Changpeng has officially designated June 9 as ‘DeFi Day’, highlighting decentralized finance’s transformative potential during heightened regulatory discussions. The announcement marks a pivotal moment for the sector as U.S. regulators increase engagement with DeFi innovators.

The U.S. Securities and Exchange Commission (SEC) recently hosted a roundtable emphasizing DeFi’s alignment with core American economic values, including innovation, transparency, and regulatory accountability. The dialogue focused on clarifying legal responsibilities within decentralized financial systems.

Capitalizing on this regulatory spotlight, Binance announced new token launches including the HOME application and RESOLV token. These initiatives aim to boost on-chain activity and leverage growing institutional interest in compliant DeFi solutions.

Ethereum continues to demonstrate robust market performance, currently valued at $2,677.74 with a 39.98% price surge over 90 days. This sustained growth underscores Ethereum’s foundational role in DeFi infrastructure development.

The SEC’s proactive outreach seeks to reduce regulatory uncertainty by encouraging compliant decentralized applications. This engagement strategy aims to balance innovation with clear legal frameworks for developers operating in the DeFi ecosystem.

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