The U.S. Securities and Exchange Commission (SEC) has repealed major regulatory provisions impacting the digital asset industry, specifically rescinding an expanded custody rule for crypto assets and Rule 3b-16, which classified certain DeFi platforms as securities exchanges. This rollback is… Read More »SEC Revokes Digital Asset Custody Rules, Eases DeFi Regulations
The U.S. Securities and Exchange Commission has formally withdrawn multiple proposed cryptocurrency regulations, signaling a potential easing of compliance requirements for digital asset firms. The rescinded proposals included rules that would have significantly impacted decentralized finance platforms and institutional custody… Read More »SEC Withdraws Key Crypto Regulations Including DeFi and Custody Rules
The U.S. Securities and Exchange Commission (SEC) has formally withdrawn several regulatory proposals targeting decentralized finance (DeFi) and cryptocurrency custody practices. Among the withdrawn measures was a proposed amendment to Rule 3b-16, which had sought to significantly broaden the definition… Read More »SEC Withdraws Controversial DeFi and Crypto Custody Proposals Amid Industry Pushback