Mahira

Decentralized Finance (DeFi) continues to evolve rapidly, with significant developments occurring over the past week. Here’s an overview of the latest updates:

Regulatory Developments

  • U.S. Senate Votes to Overturn IRS DeFi Broker Rule: On March 4, 2025, the U.S. Senate voted 70 to 27 to repeal the Internal Revenue Service’s (IRS) rule that expanded the definition of a broker to include decentralized cryptocurrency exchanges. This move aims to alleviate regulatory burdens on DeFi platforms and foster innovation in the sector. (axios.com)

  • President Trump Signs Bill Nullifying IRS Rule: Following the Senate’s vote, President Donald Trump signed a bill into law on April 10, 2025, nullifying the revised IRS rule. This action underscores the administration’s commitment to supporting the cryptocurrency industry and promoting its growth. (reuters.com)

Industry Movements

  • World Liberty Financial’s Governance Shift: In March 2025, World Liberty Financial, a DeFi initiative, raised $550 million by selling governance tokens. The Trump family took control of the venture, earning a significant share of the funds due to favorable governance terms. This development has sparked discussions about centralization within DeFi platforms. (reuters.com)

  • Prometheum’s $20 Million Funding Round: In December 2024, Prometheum, a tokenized securities firm, raised $20 million in capital to expand its offerings. This funding is expected to accelerate the migration of traditional financial assets onto the blockchain, enhancing the integration of DeFi with conventional finance. (axios.com)

Market Trends

  • TrueFi Leads DeFi TVL Growth: TrueFi, a DeFi lending platform, has experienced a 424% surge in Total Value Locked (TVL), indicating growing investor confidence and the platform’s expanding influence in the DeFi space. (cryptonews.net)

  • Berachain’s Rapid Growth: Berachain, a blockchain platform, has seen its TVL jump from $2.3 billion to nearly $7 billion in just one month, positioning it as the fifth-largest chain in the DeFi ecosystem. (cryptonews.net)

Technological Advancements

  • Ankr Integrates with TON Blockchain: Ankr, a Web3 infrastructure provider, has integrated with The Open Network (TON) blockchain. This partnership aims to expand developer access and enhance the scalability of DeFi applications. (cryptotimes.io)

  • Flare Partners with Google Cloud: Flare has partnered with Google Cloud to offer Blockchain Machine Images, enabling rapid and cost-effective node deployment for businesses. This collaboration is expected to streamline the development and deployment of DeFi applications. (cryptotimes.io)

These developments highlight the dynamic nature of the DeFi sector, characterized by regulatory shifts, strategic partnerships, and technological innovations that continue to shape its trajectory.

Recent DeFi Regulatory and Industry Developments:

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