SEC drops appeal in case defining dealer, relief for decentralized finance platforms

From CoinTelegraph

February 19, 2025 11:10:14 PM:

The SEC has dropped its court appeal over a case lost in 2021 regarding the definition of a dealer. This move is a relief for decentralized finance platforms, as the expanded definition was seen as a threat to their operations.

Read more at Cointelegraph: SEC pulls own appeal in case over crypto broker-dealer rules