SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
![SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation](https://cryptohurdles.com/wp-content/uploads/2024/02/SECs-Revised-‘Dealer-Definition-Sparks-Concerns-Over-Impact-on-Crypto-1024x576.jpg)
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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. […]
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