- SEC praises DeFi’s alignment with American values at recent roundtable.
- Binance founder CZ declares June 9 as “DeFi Day.”
- Institutional interest in DeFi likely to increase following positive regulatory tone.
Zhao Changpeng from Binance and the SEC highlighted DeFi’s alignment with American values during a June 9 roundtable in the U.S.
The event signifies the potential for increased institutional interest as the SEC emphasizes regulatory support for DeFi.
SEC Roundtable Opens New Institutional Opportunities
Zhao Changpeng, the man behind Binance, mentioned on social media that June 9 would be known as DeFi Day. This statement came in response to insights shared during an SEC roundtable titled “DeFi and the American Spirit.” SEC Chair Atkins stressed how decentralized finance aligns with core American principles such as economic freedom and innovation.
The actions taken during the roundtable highlight a significant shift in regulatory tone, with a spotlight on ensuring that developers of neutral tools are not held liable for any third-party actions. With this supportive stance, the event is likely to invite increased institutional interest in the DeFi sector.
The American values of economic freedom, private property rights, and innovation are the core genes of the decentralized finance (DeFi) movement. Source
Market reactions have been positive, with figures like Arthur Hayes and Vitalik Buterin acknowledging the SEC’s constructive dialogue. Hayes remarked on Twitter, “SEC dialoguing about DeFi is a step forward.”
Meanwhile, Buterin mentioned that neutral tool creators deserve protection, emphasizing the importance of regulatory clarity.
Ethereum Performance Boosts as Regulatory Talks Progress
Did you know? The ongoing engagement between regulators like the SEC and DeFi shows a remarkable evolution from the industry’s early days of uncertainty, echoing past dialogues that shaped today’s growing acceptance.
Ethereum (ETH) stands at $2,745.84 with a market cap of $331.49 billion as of June 10, 2025. Its 24-hour trading volume surged by 96.41% to $34.49 billion. The coin’s 24-hour price jumped 6.49%, while its 30-day performance increased by 10.41% according to CoinMarketCap.
Expert insights from Coincu suggest that this footing could increase long-term institutional adoption, supported by regulatory discussion. With DeFi gradually aligning with traditional values, a surge in developer engagement and the introduction of new projects is anticipated.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/342708-sec-binance-defi-day/