#DeFiGetsGraded BTC & ETH in U.S. โ CFTC = commodities โ , SEC = not securities โ, IRS = property for taxes.
๐ FIT21 Act โ CFTC regulates truly decentralized assets, SEC regulates others.
๐ SEC Dealer Rule โ DeFi liquidity providers might need to register as dealers.
๐ IRS Broker Rule โ Planned for DeFi front-ends, later scrapped.
๐ Rule Rollbacks โ No โDeFi = exchangeโ redefinition, no stricter custody rules.
๐ข Disclosure Guide โ SEC explains which tokens are securities.
๐ Project Crypto โ Unified license for trading, staking, lending + clear classifications.
๐ช๐ง LST Clarity โ Liquid staking tokens not securities โ .
๐ก DeFi Defined โ Blockchain finance without banks, powered by smart contracts.
๐ DeFi Core Features โ Permissionless, trustless, transparent, interoperable.
๐ DeFi Components โ DEXs, lending protocols, stablecoins, yield farming, DAOs.
โ Regulatory Direction โ Decentralized = CFTC, centralized = SEC, lighter rules for pure DeFi.