"Translation: Everything in crypto could temporarily be legal in the US then in early May Hester Pur added to UEA's statement from April saying quote "The SEC's crypto task force informed by a February request for comment is considering a potential exemptive order that would allow firms to use DT that is distributed ledger technology or blockchain to you and me to issue trade and settle securities this potential conditional exemption from certain SEC registration requirements and associated rules would allow firms to use innovative trading systems for eligible tokenized securities and notably she specified that DeFi would be exempt as a cherry on top"
By Coin Bureau | May 31, 2025 | Pending
From video
How the SEC Could Trigger the Next Crypto Bull Run 00:11:38 - 00:12:25
Interpreted Prediction
The SEC will issue a temporary exemptive order allowing firms to use DLT for issuing, trading, and settling tokenized securities, specifically exempting DeFi, making most crypto activities temporarily legal in the US (within the next year).

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