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Bitcoinist
2023-04-14 22:54:44

DeFi Under Fire: SEC’s Intensified Crackdown Sparks Controversy

DeFi Under Fire: SEC’s Intensified Crackdown Sparks Controversy

Decentralized Finance (DeFi) is facing increased regulatory scrutiny as the Securities and Exchange Commission (SEC) reopens the comment period on proposed amendments to the definition of “exchange” under Exchange Act Rule 3b-16. The proposed amendments were initially put forward in January 2022, and the SEC reopened the comment period in May 2022, which closed on

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