The SEC has officially withdrawn its appeal against a Court ruling that blocked its attempt to redefine “dealers” in financial markets.The decision marks a legal win for DeFi and crypto advocacy groups, preventing strict regulations on liquidity providers and market makers.With new leadership and a dedicated Crypto Task Force, the SEC is signaling a shift toward clearer and more favorable crypto policies.The U.S. Securities and Exchange Commission (SEC) dropped its appeal of a court ruling that had halted a controversial broker-dealer regulation.