Big news for cryptocurrency! The US government just stopped a rule that would have made it harder for people to use DeFi (Decentralized Finance – think of it like a super-secure online bank without a boss!). This rule wanted everyone to share their information with the government, which worried a lot of people.
- The rule was canceled because people were worried about their privacy.
- It would have made it tough to use special online money systems.
- The government is still figuring out how to watch for bad guys without making things too hard for regular users.
| Topic | Details |
|---|---|
| Rule Cancelled | Yes |
| Effect on Privacy | More privacy for users |
| Future Regulations | Still being decided. |
Experts are working on ways to keep everyone safe and keep people's private information secret. Bitcoin and other cryptocurrencies are still being traded and will continue to exist independently of the new ruling.
