Hayden Adams from Uniswap criticizes Citadel for seeking to regulate DeFi the same way as Wall Street
🏦 Citadel Securities has urged the SEC to treat many DeFi protocols and tokenized markets as traditional exchanges and broker-dealers, arguing that they should not receive more lenient rules just because they operate on smart contracts.
🧪 Uniswap founder Hayden Adams responded on X, accusing Citadel of trying to force decentralized protocols to comply with the same regulatory requirements as Wall Street intermediaries, just months after the SEC ended its long-running investigation into Uniswap Labs. $UNI
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Hayden Adams from Uniswap criticizes Citadel for seeking to regulate DeFi the same way as Wall Street
🏦 Citadel Securities has urged the SEC to treat many DeFi protocols and tokenized markets as traditional exchanges and broker-dealers, arguing that they should not receive more lenient rules just because they operate on smart contracts.
🧪 Uniswap founder Hayden Adams responded on X, accusing Citadel of trying to force decentralized protocols to comply with the same regulatory requirements as Wall Street intermediaries, just months after the SEC ended its long-running investigation into Uniswap Labs.
$UNI