Aave founder Stani.eth disclosed that, after a four-year inquiry, the U.S. SEC has closed its investigation into the Aave protocol. The project team has mobilized substantial resources to safeguard the ecosystem and its users. As DeFi confronts persistent regulatory headwinds, this development could usher in a longer period of regulatory clarity that empowers developers to advance the future of decentralized finance within a compliant framework.
Industry observers note that when the SEC closes a case without enforcement action, the agency often omits disclosure on the case focus. In DeFi contexts, investigations frequently hinge on whether a token is classified as a security and whether the protocol’s lending or governance features require registration.
Source: https://en.coinotag.com/breakingnews/aave-aave-sec-investigation-closed-after-four-years-paving-a-new-era-for-defi
