SEC chair Gensler plugs changes to exchange definition that worries crypto
Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too. Go to Source
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SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules, which explicitly target decentralized exchanges’ (DEX) liquidity providers (LPs) with at least $50 million in assets. … Read more
