Aave founder: The U.S. SEC concludes its four-year investigation into the Aave protocol.
AI Summary1 min read
TL;DR
Aave founder announced the U.S. SEC has ended its four-year investigation into the Aave protocol, freeing the DeFi space from regulatory pressure and enabling future innovation.
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AaveGovernanceDeFiLending & BorrowingSEC investigationregulatory pressurecryptocurrency
According to Foresight News , Aave founder Stani Kulechov tweeted that the U.S. Securities and Exchange Commission (SEC) has officially concluded its four-year investigation into the Aave protocol. This investigation consumed significant resources and personal effort from the team, dedicated to protecting Aave, its ecosystem, and the broader DeFi space. "DeFi has faced unfair regulatory pressure in recent years. We are excited to break free from these constraints and enter a new era where developers can truly build the future of finance."