Big news for cryptocurrencies! The SEC (like a government watchdog for money) dropped its case against DeFi (decentralized finance, meaning crypto without a boss). This is good news for crypto!
- The SEC stopped trying to make DeFi follow stricter rules.
- This means DeFi might be less controlled by the government.
- Crypto companies are happy because they can keep doing their thing.
Fact | Details |
---|---|
Money Involved | Over $50 million in capital was the limit before the change. |
Important People | The SEC, and crypto advocacy groups. |
What Happened | The SEC withdrew its appeal. |