According to BlockBeats, Aave founder Stani.eth announced that the U.S. Securities and Exchange Commission (SEC) has concluded its four-year investigation into the Aave protocol. The Aave team dedicated significant effort and resources to safeguard the protocol and its ecosystem. In recent years, decentralized finance (DeFi) has faced considerable regulatory pressure, but this development marks a new era where developers can focus on building the future of finance.
The SEC typically does not disclose the focus of investigations that conclude without enforcement actions. In the DeFi sector, such investigations often raise questions about whether tokens are considered securities or if the lending and governance functions of protocols require registration, though these remain industry speculations.
