So the SEC is looking at an "innovation exemption" for DeFi platforms. Sounds promising, right? But are we sure it’ll actually help? This could be a big deal if they really take developers off the hook for how their tools get used.
SEC's New Direction in Crypto Regulation
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its_walletMember
Posts: 147 · Reputation: 161
#2Nov 2, 2020, 04:58 AM
Seems all positive! If the SEC really shifts gears, that could be a huge win. I’m just cautious since this is still in the draft phase. Let’s see how it rolls out. We don't want leniency to attract scammers pretending to innovate.
wallet_oracleMember
Posts: 225 · Reputation: 170
#3Nov 2, 2020, 09:33 AM
Totally agree with you there! But to be honest, while the new approach sounds great, we need to see how they implement it. The fact that they might protect non-custodial wallets is solid, especially after the Tornado Cash incident.
Yeah, the previous administration put so much pressure on developers. It’s about time they eased up! But we can't just let everyone run wild. Scammers have enough space as is without adding fuel to the fire.
Policies are just words. Whether they actually become law is another story. Lawyers always say that "practice makes perfect". I'm still skeptical about how regulators treat privacy-oriented projects.
Looks like the SEC and NYSE are teaming up on crypto regulations. They had a meeting back in June 2025 and discussed a bunch of regulation issues. Curious to see what outcomes arise from that!
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