SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation

The U.S. Securities and Exchange Commission (SEC) has adopted rules to necessitate firms that enactment similar dealers to registry with the Commission. A lawyer explained that the securities regulator took a changeable astatine decentralized concern (Defi) with the rules, which explicitly people decentralized exchanges’ (DEX) liquidity providers (LPs) with astatine slightest $50 cardinal successful assets. […]