DeFi Daily News
Tuesday, July 8, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Markets Stock Market

rewrite this title Crypto Just Got The Green Light From Washington

Ian King by Ian King
June 11, 2025
in Stock Market
0 0
0
rewrite this title Crypto Just Got The Green Light From Washington
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Ten years ago this week, I went to dinner with a close friend who runs a technology-focused clothing startup.

We were at our favorite meetup — a little hole-in-the-wall Thai restaurant in downtown Manhattan.

Over plates of pad Thai and green curry chicken, I told him that I had a vision.

I told him that bitcoin (BTH) was going to be big, but I believed Ethereum (ETH) would someday have an even bigger impact.

“This will change everything,” I said. I then told him about all the things Ethereum could change with smart contracts, from finance to shipping to health care.

“This idea is much bigger than bitcoin.”

I remember this conversation clearly. Not because he agreed with me, but because he thought I had gone mad.

From that day on — going on 10 years now — I feel like I’ve had a part-time job as an Ethereum evangelist. (Unpaid, of course).

One of the biggest promises of Ethereum is decentralized finance (DeFi) because it allows anyone to perform the same services as a bank.

I have long believed this will allow investors to unlock more value from their holdings, in ways that banks do for themselves now.

And now, my Thai food dinner proclamation from 10 years ago is speeding unchecked into reality.

When Donald Trump won the 2024 election, I called him: “the first openly pro-crypto candidate to be elected President of the United States.”

I also predicted that his administration would “help bitcoin transition from a speculative asset to a legitimate form of global currency.”

This week, we got the clearest sign yet that it’s actually going to happen.

On Monday, the Securities and Exchange Commission (SEC) held its latest Crypto Task Force Roundtable.

And during his opening remarks, SEC Chair Paul Atkins — a Trump appointee — laid out the most pro-DeFi vision we’ve ever heard from a top U.S. regulator.

If you had any doubt about where the administration stands, the roundtable was titled “DeFi and the American Spirit.”

Atkins leaned into this idea by reframing DeFi as a pillar of American innovation.

But this was just the start of his eye-opening speech. What followed was a clear statement that DeFi is well on its way to legitimacy…

Backed by the full support of the Trump administration.

Crypto’s Shining Moment

Until recently, the SEC’s approach to DeFi seemed to be guided by the belief that decentralized platforms were merely vehicles for fraud and speculation.

Atkins flipped that narrative by framing crypto not as a threat, but as a uniquely American opportunity.

Then he got specific about his vision for DeFi.

tkins explicitly stated that mining, validating and staking-as-a-service are not securities transactions.

Turn Your Images On

He also defended self-custody — users controlling their own crypto assets — and open-source development.

Developers of DeFi software have spent years worrying that they could be treated like financial middlemen just for writing code. But Atkins’ comments suggest the U.S. won’t get in the way of  these decentralized tools.

He also promoted the idea that the blockchain shouldn’t be hampered by the same rules governing 100-year-old technology.

Turn Your Images On

Along those lines, he proposed specific actions the SEC is taking to legitimize crypto…

And he tied them directly to President Trump’s stated goal of making America the “crypto capital of the planet.”

Atkins said the SEC is working on “fit-for-purpose rules of the road” for on-chain markets. And to help accelerate that process, he’s pushing for something he called an “innovation exemption.”

In other words, he’s pushing for a way to fast-track the launch of compliant DeFi products in the U.S., under a clear set of rules.

For builders and for investors, the implications of Atkin’s speech are enormous.

For the first time, we have a top U.S. regulator saying that decentralized platforms should have a regulated path forward, and that the government’s job is to make it happen.

This is how crypto becomes a legitimate financial asset.

And it’s why we saw Ethereum jump more than 7% on the day to just under $2,750, with increased volume and activity across the board.

Turn Your Images On

Source: coingecko

Because Ethereum is the backbone of DeFi. Nearly every major decentralized protocol runs on the Ethereum blockchain, with Solana second in the DeFi rankings.

So when Atkins signaled support for legitimizing DeFi, it indirectly strengthened ETH’s investment case.

And if Atkins’ proposals hold, I believe Ethereum-based platforms — some of which we hold in Strategic Fortunes as well as Next Wave Crypto Fortunes — stand to benefit the most from a more innovation-friendly regulatory climate.

And it’s worth remembering how this is drastically different than a year ago.

Under the Biden administration, the SEC was mostly focused on enforcement.

Projects operated in a gray zone, hoping for clarity while preparing for lawsuits. This environment stifled innovation and pushed talent overseas.

But on Monday, Atkins gave the future of crypto some much-needed clarity.

He acknowledged the distinction between centralized custodians and decentralized protocols.

He emphasized regulating conduct, not code.

And he offered a framework for compliance that doesn’t crush experimentation.

What more could a crypto-optimist ask for?

Here’s My Take

For the first time in crypto’s history, the SEC appears to be embracing the idea that decentralized systems can coexist with investor protection and market integrity.

Atkins’ speech is the clearest sign yet that the U.S. government is preparing to legitimize DeFi.

And for investors who’ve been waiting for Washington to finally “get it…”

It seems like that moment is here.

Of course, this doesn’t mean the road ahead will be smooth. Next comes legal clarity, and there will undoubtedly be bumps and possibly even wrong turns along the way.

But this is the closest thing we’ve ever had to a green light to confidently invest in crypto…

And I believe someone owes me another Thai dinner.

Regards,

Ian King's SignatureIan KingChief Strategist, Banyan Hill Publishing

Editor’s Note: We’d love to hear from you!

If you want to share your thoughts or suggestions about the Daily Disruptor, or if there are any specific topics you’d like us to cover, just send an email to dailydisruptor@banyanhill.com.

Don’t worry, we won’t reveal your full name in the event we publish a response. So feel free to comment away!

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: CryptogreenLightrewritetitleWashington
ShareTweetShare
Previous Post

Treasury Secretary Bessent’s testimony, Fed rate cut bets, Meta’s $14B AI move

Next Post

rewrite this title Stablecoin Infrastructure Platform OpenTrade Raises $7 Million – Finovate

Next Post
rewrite this title Stablecoin Infrastructure Platform OpenTrade Raises  Million – Finovate

rewrite this title Stablecoin Infrastructure Platform OpenTrade Raises $7 Million - Finovate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – alt=

rewrite this title SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon?

June 28, 2025
rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

rewrite this title High Season, High Stakes: Navigating Summer Risks in Property Management

June 27, 2025
rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

rewrite this title ‘FIFA Rivals’ Review: Should You Play This NFT Soccer Game? – Decrypt

June 28, 2025
They’re Going ALL IN on Crypto: This is What Wall St is Buying!

They’re Going ALL IN on Crypto: This is What Wall St is Buying!

June 25, 2025
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

August 13, 2024
rewrite this title Slot’s answer to Gyokeres: Hughes lines up Liverpool move for “crazy” CF

rewrite this title Slot’s answer to Gyokeres: Hughes lines up Liverpool move for “crazy” CF

July 8, 2025
rewrite this title with good SEO Ripple CTO Makes Major Revelations: Early XRP Entry, Mined Bitcoins — Here’s The Details | Bitcoinist.com

rewrite this title with good SEO Ripple CTO Makes Major Revelations: Early XRP Entry, Mined Bitcoins — Here’s The Details | Bitcoinist.com

July 7, 2025
rewrite this title and make it good for SEOCGDG ETF: A Global Dividend Grower With Active Edge And Smart Diversification

rewrite this title and make it good for SEOCGDG ETF: A Global Dividend Grower With Active Edge And Smart Diversification

July 7, 2025
rewrite this title Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin – The Daily Hodl

rewrite this title Trader Says Matter of Time Before Crypto Breaks to New All-Time Highs, Updates Outlook on Bitcoin, Ethereum and One Other Altcoin – The Daily Hodl

July 7, 2025
rewrite this title Here’s How All Major AI Platforms Stacked Up in a Harry Potter Sorting Hat Quiz – Decrypt

rewrite this title Here’s How All Major AI Platforms Stacked Up in a Harry Potter Sorting Hat Quiz – Decrypt

July 7, 2025
rewrite this title Gueye signs new Everton contract – Soccer News

rewrite this title Gueye signs new Everton contract – Soccer News

July 7, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.