0
0
News

DeFi Tokens Surge as SEC Chair Hints at 'Innovation Exemption'

SEC Chair Paul Atkins shared Monday that the agency was looking to make life easier for DeFi firms building innovative crypto products.
0
0
Jun 10, 2025 • 1 min read

Ethereum DeFi tokens surged after SEC Chair Paul Atkins proposed an 'innovation exemption' for the DeFi sector, stirring market optimism.

What’s the Scoop?

  • Ethereum Tokens Rise: Governance tokens from Ethereum-based DeFi platforms like Uniswap, Aave, and Sky saw significant price increases following the announcement.
  • SEC's Innovation Exemption: SEC Chair Paul Atkins proposed a framework allowing crypto subsector entities to operate under reduced regulatory scrutiny.
  • Market Reaction: The proposal sparked optimism during a DeFi-focused roundtable, leading to heavy trading volume and lifting Ethereum's price.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

Published in Bankless

There’s a revolution in the world of money. Ethereum, Bitcoin, crypto, open finance, DeFi—a bankless revolution. And you want part of it.