SEC Reconsiders DeFi Regulation Rule
This is a Thailand news story, published by CoinGape, that relates primarily to Mark Uyeda news.
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Business & Economics
Acting SEC Chair Mark Uyeda Seeks to Drop Rule That Targets DeFi Exchanges

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.
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