Citadel's Regulatory Push on DeFi Tokenized Stocks Ignites Crypto Backlash

Citadel’s Regulatory Push on DeFi Tokenized Stocks Ignites Crypto Backlash

Is the push for stricter oversight on decentralized finance stifling blockchain innovation or safeguarding investors? Crypto Community Reacts to Citadel's SEC Recommendations Market maker Citadel Securities has urged the U.S. Securities and Exchange Commission to impose tighter regulations on decentralized finance platforms offering tokenized U.S. equities, drawing sharp criticism from the cryptocurrency sector. In a…

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Citadel's SEC Petition Targets DeFi as Exchanges, Fuels Crypto Backlash

Citadel’s SEC Petition Targets DeFi as Exchanges, Fuels Crypto Backlash

Regulatory Push Reshapes DeFi Landscape In a development that underscores escalating tensions between traditional finance and decentralized ecosystems, Citadel Securities has urged the U.S. Securities and Exchange Commission (SEC) to classify major decentralized finance (DeFi) protocols as exchanges, potentially subjecting them to stringent oversight. This petition, filed alongside asset manager Paradigm, arrives amid a DeFi…

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