<ul><li>The U.S. Securities and Exchange Commission (SEC) has withdrawn its appeal of a ruling that blocked its attempt to expand securities laws to cover decentralized finance (DeFi).</li><li>The decision means that the DeFi space might no longer be subjected to securities laws.</li><li>The appeal was in response to a November ruling that prevented the SEC from implementing a proposed change to the definition of a dealer, which would have impacted crypto liquidity providers and automated market makers.</li><li>With the final dismissal of the case and new leadership at the SEC, the crypto industry is looking forward to productive discussions with the agency.</li></ul>

SEC Withdraws Appeal in DeFi Dealer Classification Case

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