The U.S. Securities and Exchange Commission (SEC) is developing a new policy that could exempt decentralized finance platforms from certain regulatory restrictions. This was announced by SEC Chair Gary Gensler during the closing session of the agency’s roundtable.
This is reported by Бізнес • Медіа
“I have instructed SEC staff to explore the possibility of amendments to the Commission’s rules to provide necessary support to issuers and intermediaries seeking to administer financial systems on the blockchain,” Gensler said.
According to the SEC chair, such regulatory relaxations could become “an exception for innovation,” allowing companies to more swiftly launch blockchain products and services. Gensler also emphasized that developers of DeFi projects should not be held accountable for how users apply their software.
Republican Majority Supports the Crypto Industry
Currently, the SEC is predominantly Republican (three to one Democrat), advocating for a relaxation of regulations in the cryptocurrency market. Special attention is being paid to the DeFi sector, which has often remained outside the regulators’ focus.
Commissioner Hester Peirce, who leads the crypto group at the Commission, highlighted the importance of protecting freedom of speech and code publication. At the same time, she warned that centralized structures would not be able to evade regulation simply by using the term “decentralization.”
Positive Changes in the Regulator’s Approach
ShapeShift founder Erik Voorhees noted significant changes in the SEC’s attitude toward the crypto industry in recent years. In early May 2025, during the third SEC meeting dedicated to tokenization, Gary Gensler announced intentions to develop a rational regulatory framework for the crypto sector.