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SEC Chair Paul Atkins Wants to Let DeFi Thrive With Fewer Rules

  • SEC Chair Paul Atkins is considering an 'innovation exemption' to lessen regulatory constraints on decentralized finance platforms.
  • Atkins aims to protect developers and facilitate the growth of new blockchain systems.
  • He supports the right to self-custody of Bitcoin and other cryptocurrencies as a foundational American value.
  • The SEC's potential new approach signifies a departure from previous strict enforcement and a shift towards tailored rulemaking for emerging technologies.

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