SEC Closes Aave Investigation With No Enforcement
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The US Securities and Exchange Commission has officially closed its multi-year investigation into the Aave Protocol without recommending enforcement action. The decision removes a major regulatory overhang for one of DeFi’s largest lending platforms, offering relief to the broader decentralized finance sector.
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This sets a positive precedent for the broader DeFi space.
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Compliance-focused protocols may benefit the most going forward.
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This shows crypto infra is starting to meet institutional standards.