In a move celebrated by crypto industry leaders, a prominent regulatory body has released a new policy that is seen as permissive towards DeFi interfaces. This development suggests that regulatory bodies are actively working to create a more favorable environment for the DeFi sector, rather than waiting for legislative action from Congress. The policy change is expected to have a positive impact on the growth and adoption of DeFi protocols, providing much-needed clarity for industry participants. On-chain metrics suggest that DeFi protocols are already experiencing significant growth, with total value locked (TVL) in DeFi protocols reaching new highs.