• Sat. Nov 16th, 2024

Regulatory Scrutiny Surrounding DeFi Tapers

Nov 16, 2024

The regulatory climate for crypto in the United States appears to be pivoting, as governing bodies prepare for a regime shift ahead of Donald Trump’s inauguration.

The changing of the guard in U.S. politics is already starting to take shape as the current Securities and Exchanges Commission Chair, Gary Gensler, shared a statement hinting at a potential resignation, which concluded with, “I’ve been proud to serve with my colleagues at the SEC who, day in and day out, work to protect American families on the highways of financial success.”

Crypto and DeFi enthusiasts have been quick to presume that a new chair of the SEC would take a lighter, or at least more transparent approach to crypto and DeFi regulations.

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[Source: TheDefiant]

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