Atkins’ move here—is it meant to get Wall Street and DeFi to put aside their differences and shake hands? If a real safe harbor actually becomes a reality, U.S. on-chain finance is likely to be turned on its head. Before anything else, let’s take a close look at the original proposal text and see what it’s really made of.

CoinWorld news, the SEC is planning to launch a safe harbor policy for tokenized securities and DeFi. The proposal is expected to be announced earlier this month, aiming to protect tokenized securities and DeFi protocols from enforcement actions. SEC Chairman Paul Atkins said these rules are intended to make the United States the "global crypto capital."