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SEC Commissioner: True Decentralized Projects Pose a Challenge to Crypto Regulation
Summary: A commissioner with the U.S. Securities and Exchange Commission (SEC) says that true decentralized projects pose a challenge to crypto regulation. Noting that “decentralized finance carries within itself inherently some ability to self regulate,” the commissioner said, “we need to take that into account as we design a regulatory system.” The commissioner added: “The decentralized ...
A commissioner with the U.S. Securities and Exchange Commission (SEC) says that true decentralized projects pose a challenge to crypto regulation. Noting that “decentralized finance carries within itself inherently some ability to self regulate,” the commissioner said, “we need to take that into account as we design a regulatory system.”
The commissioner added: “The decentralized world is one that is very new to us because we are used to dealing with large, usually large, centralized intermediaries. So true decentralized projects do pose a challenge.”
By Amy Liu
Tags: Crypto,Decentralized,Regulation,SEC
Link: SEC Commissioner: True Decentralized Projects Pose a Challenge to Crypto Regulation [Copy]
