US Edition
Senator Young Asks SEC to Protect U.S. From "Chinese Market Manipulation"
- On June 9 and 10, 2025, DeFi tokens including AAVE and Uniswap surged over 20% after SEC Chair Paul Atkins announced regulatory exemptions for DeFi platforms at a Washington, DC roundtable.
- This rally followed Atkins' pivot from prior SEC leadership by directing staff to explore an 'innovation exemption' that reduces restrictions and supports DeFi innovation.
- AAVE traded between $241.92 and $314.06 with daily volume surpassing $1 billion, attracting raised price targets and growing investor interest amid stronger technical momentum.
- Industry figures hailed the event as a symbolic milestone, with analyst Poseidon calling AAVE essential for portfolios during Ethereum season and Alan tweeting 'this news makes me very happy.'
- The regulatory clarity and pro-innovation stance could increase capital flows into DeFi, while cautious market sentiment keeps sustainability of the rally under watch.
13 Articles
13 Articles
Senator Young asks SEC to protect U.S. from "Chinese market manipulation"
HENDERSON, Ky. (WEHT) - U.S. Senator Todd Young sent a letter to Securities and Exchange Commission (SEC) Chair Paul Atkins outlining concerns related to the Chinese Communist Party’s (CCP) "manipulation" of global financial markets and "evasion" of U.S. financial regulators. Sen. Young says the letter also encourages the SEC to consider additional steps to protect American markets, shareholders and the country's economic and national security. …
Compound, Uniswap, and Aave Rally as SEC Chair Backs American Values in DeFi Crypto News ETHNews
SEC Chair Paul Atkins’ endorsement of self-custody and innovation in DeFi sparked a strong rally in top tokens Compound, Uniswap, and Aave, signaling a potential shift toward more crypto-friendly regulation. His call for updated rules and an “innovation exemption” framework has fueled investor optimism about the future growth of decentralized finance in the U.S. Tuesday saw crypto DeFi OGs, Compound (COMP), Uniswap (UNI), and Aave (AAVE) experie…
Bitcoin reclaims $110K; DeFi tokens surge
Bitcoin (BTC) traded above $110,000 for a second day, up over 1% in 24 hours, buoyed by altcoin rally. DeFi tokens UNI (+24%) and AAVE (+13%) surged following optimistic comments from SEC Chair Paul Atkins. Despite price gains, market sentiment remains cautious, with low funding rates (1.3%) typically seen at bottoms. Bitcoin (BTC) revisited the $110,000 level for the second day in a row on Tuesday, seemingly pulled higher by even more substanti…
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