The Securities and Exchange Commission (SEC) held the final roundtable of its Crypto Task Force on June 9, 2025, focusing on decentralized finance (DeFi). The event included discussions on the appropriate level of SEC oversight for DeFi projects. Participants noted that since the SEC's involvement in cryptocurrency regulation beginning in 2017, innovations such as Layer 2 solutions have emerged, though some skepticism remains about the overall impact. The roundtable was webcast live, allowing public access to the proceedings. Industry observers acknowledged the SEC's efforts as steps toward enabling DeFi innovation, while also debating the extent of regulatory authority in this evolving sector.