Like many cryptocurrencies, the Government Government chips have been in Collimatur SEC for a long time. But thanks to Trump’s Pro-Krypto policy, the Commission began to alleviate its rules, and this fresh air was given to the administration with the second breath. Over the past week, these chips have exceeded the rest of the market.
In short
- SEC offers the implementation of regulations adapted to defi.
- Management tokens and define their ascending trend.
SEC suggests implementing regulations adapted to defi
Since the beginning of decentralized financing, the defined defi project has been monitored by SEC. In fact, this has long been suspected of cryptocurrency and difficulty in defining their condition. In addition, these tokens of administration and management may, even more than other cryptocurrencies, approach certain characteristics securitiesBecause they can propose a redistribution of their income comparable to dividends.
Since his election, however, Donald Trump has developed a voluntary pro-crepto. Thanks to him, decentralized finances already live under constant fear of sanctions. The new President of SEC, Paul Atkins, suggests creating a more flexible framework for Defi, a “exception to innovation” supported by SEC.
US values of economic freedom, private property rights and innovation are included in the DNA of the defi or decentralized finance movement.
Paul Atkins
Among the projects that could take advantage of this change of orientation is the decentralized Uniswap Exchange undoubtedly the most symbolic. The Uni Token is currently only used to decide on the protocol orientation. Unfortunately, it has already been endangered by dry to be considered a model value. For this reason, the Uniswap team has always postponed its project to redistribute income to the UNI token owners. This blockage can be lifted due to the turnover of drought that receives more cooperation. The Commission is now listening to players in this industry. The law on clarity, which will provide a new framework, will complete this new alliance between regulation and defi.
Uni, Aave and Sky emphasize their ascending trend
This new, more positive approach is very favorable for the main projects of decentralized financing. The latter continued his technological development for years and their rapprochement with traditions, without knowing when the legal obstacles could be canceled.
Among the projects of decentralized funding, Uniswap, Aave and Sky (former MakerDao) largely benefit from this softening of drought. The Uni token has an increase of 23% in the last seven days, the token has an increase of 11% and the sky token an increase of 13%. It should be noted that these three projects come from the Ethereum ecosystem, although Uniswap and Aave have become multicains. Even more surprising is that dynamics between ETH and Defi projects turned.
For a long time it has been an ascending trend ETH, which served as an engine for decentralized finances. On the contrary, we can see that this finance is supported by Ethereum and its token. In May, Uniswap generated a volume of $ 92 billion exchanges, its fourth best month since 2020. In addition, Aave and Sky are stored for a growing number of ETH to borrow stablecoins, gaining more liquidity for trading. The use of these projects has therefore become an essential element of demand in ETH.
Decentralized finances waited for the final signal to conquer Tradfi. This happens with recent changes in the attitude of drought, which has become much more favorable for the defense. Since then, the tokens of administration and management have restored an undeniable ascending trend despite a slight correction of the last 24 hours.
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Passionate for Web3 history I try to make this new digital era more understandable thanks to my articles and my current doctoral thesis on this topic.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.
