US SEC scraps proposed regulation of crypto assets and DeFi

The U.S. Securities and Exchange Commission (SEC) has repealed proposed crypto custody and decentralized finance (DeFi) regulations developed under former SEC Chairman Gary Gensler.
According to foreign media on the 12th (local time), Eleanor Terrett, a financial reporter for formerFOX, said, “The SEC has officially scrapped its cryptocurrency custody and DeFi regulation rules.”
The main contents of the rules are: "All crypto assets held by customers will be included in the scope of custody," "The same regulations will be applied to DeFi platforms as to securities," and "ESG (environmental, social and governance) standards for companies listing crypto assets will be applied."
Strengthening of Corporate Social and Governance Reporting Obligations.