CoinDesk·5 min read·hard
SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws
K
Krisztian Sandor
✦AI Summary
SEC Commissioner Hester Peirce warned that decentralized finance (DeFi) vaults and on-chain lending platforms may be subject to federal securities laws. She emphasized that moving financial activities onto a blockchain does not exempt them from existing regulatory oversight.
In a statement Wednesday, Commissioner Hester Peirce said crypto vaults and onchain lending strategies may fall under federal securities laws depending on how they are structured and managed.
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