.HesterPeirce claims that the 'very expansive language' of the proposal could hurt DeFi
that the vague language in the agency's new proposal that aims to modernize the definition of an exchange could pose a threat to decentralized finance., SEC Chair Gary Gensler claims that it is important to adapt update the rules in order to keep up the pace with"increasingly electronified" systems that trade government securities:
Over the decades since Congress put in place the definition of an exchange, there have been many changes to platforms — in particular, that they are increasingly electronified. While the proposal does not mention cryptocurrencies, Peirce warns that it could be used for expanding oversight over crypto trading platforms:Gensler has repeatedly stated that DeFi protocols tend to be centralized, urging the entrepreneurs behind these platforms to register with the SEC. He has also opined that the vast majority of cryptocurrencies are unregistered securities.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra's LUNA Sheds 21% – Defi Bitcoin NewsThe total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23.
Les mer »
Scandal-Ridden DeFi Project Wonderland Shuts Down as Price Tanks.danielesesta has announced that Wonderland_fi is shutting down, enraging the community
Les mer »
Wonderland co-founder throws in the towel on beleaguered DeFi projectWonderland co-founder Daniele Sestagalli is calling things a failure as he plans to wrap up the project and move on.
Les mer »
Wonderland DeFi Protocol to Shut Down After Scandal | CoinMarketCapWonderland's demise is also sending shockwaves through the rest of the crypto ecosystem, not least because of the interconnected nature of DeFi protocols.
Les mer »
AstroSwap (ASTRO) Introduces Multi-Chain DeFi Ecosystem.AstroSwapApp goes live on Cardano $ADA blockchain, teases $VLX rebates Cardano AstroSwap
Les mer »
Altcoin Roundup: Cross-chain bridge tokens moon as crypto shifts toward interoperabilityCross-chain bridges and greater emphasis on the need for interoperability between DeFi platforms and centralized exchanges are primary drivers of the gains in $MULTI, $SYN and CELR.
Les mer »