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Acting SEC Chair Mark Uyeda Seeks to Drop Rule That Targets DeFi Exchanges

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Summary
Nutrition label

80% Informative

Acting SEC Chair Mark Uyeda has asked agency staff to explore options for removing part of proposed Regulation ATS expansion on crypto.

Rule sought to expand definition of an exchange to include communication protocols in crypto markets.

Proposed rule would have forced DeFi platforms to register as regulated exchanges.

The move faced heavy opposition from the crypto industry, with concerns that it could impose excessive compliance burdens.

Thailand ’s SEC has officially approved USDT as a recognized cryptocurrency.

VR Score

76

Informative language

72

Neutral language

68

Article tone

formal

Language

English

Language complexity

68

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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