Binance CEO CZ Marks June 9 as DeFi Day in Response to SEC Chairman Paul Atkins’ Recognition of Decentralized Finance as Aligned With American Values and Criticism of Previous Regulatory Hostility Toward DeFi Participation

In 2025, on June 9, CZ, former CEO of Binance, chose the day as DeFi Day when he spoke, coinciding with Paul Atkins’ presentation at the DeFi and American Spirit roundtable as head of the SEC. The main theme of the event was how DeFi supports American values. Atkins mentioned that DeFi is valuable in the progress of world economies and felt sorry that the SEC previously discouraged people from involving themselves in DeFi.

SEC Chairman Paul Atkins Highlights DeFi’s Importance for the U.S. Economy

At the beginning of his speech, Atkins said DeFi will shape the future of finance. This is because it increases financial access and reduces dependence on the usual banking system. He observed that uncertainty in the rules hasn’t made things easy. However, DeFi is still vital for the development of the finance sector. In addition, Atkins mentioned that people can take advantage of DeFi services freely and without help from a middleman, which he said reflects American values of autonomy.

The SEC chair made clear that even though there were early concerns about regulation, the time has come to support innovations in crypto. This is by ensuring that no one from DeFi is unreasonably left out of the growing market. Atkins believes that decentralized finance can rise against traditional financial systems and give more power to people across the globe. Before, the SEC took a harsh stance towards blockchain projects, but now things are different.

Binance CEO CZ Supports the SEC’s Change in Stance on DeFi

In response to Atkins, CZ of Binance used Twitter to designate June 9 as DeFi Day. He showed support for the SEC’s move and pointed out that positive regulation encourages new ideas. Because of the attention his tweet got, it is widely accepted that DeFi is crucial to the future of world finance. Coming back to the matter, he stated that since DeFi gives individuals better financial management tools, it tackles long-standing issues within conventional finance.

Zhao further said that the rules governing DeFi should be developed to help it flourish. He said that, since supporting global innovation, Binance will remain involved in decentralized finance that is in line with democratic principles. In his tweet, CZ underlined Binance’s status in DeFi and pointed out its commitment to cooperating with regulators everywhere to help bring blockchain technologies into the mainstream.

DeFi’s Role in Shaping Financial Regulations and Market Growth

With more people talking about DeFi, the way its regulations will shape up is being reviewed. Many players in the crypto industry are hoping that, after Chairman Atkins’ statement, other regulators will also encourage the development of decentralized finance. If DeFi becomes more popular, it might help world financial systems to be more open, clear, and efficient.

Also, as DeFi finds its place in the market, it can lead to bigger growth, providing services like lending, borrowing, insurance, and trading on decentralized platforms. With DeFi growing quickly, it will be important to have clear rules so that these platforms can work well and guarantee security for everyone involved.

CZ’s leadership at Binance is helping new developments find a way to align with the rules at the same time. By creating DeFi Day, CZ spotlighted why decentralization will always play a key role in building strong financial systems. Players in the industry are eager to make DeFi a recognized part of financial services.

A New Era for DeFi and Blockchain Innovation

The fact that DeFi Day is celebrated again on June 9, 2025, means a key change for the sector related to the SEC’s reconsideration of decentralized finance. Establishing that DeFi shares American principles may start a new period where both financial and blockchain systems contribute to each other’s development. Because of the efforts of Binance’s CZ and the SEC, decentralized finance is on a positive and promising path.