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Uniswap Founder Opposes Regulating DeFi Developers as Centralized Institutions
Summary: In response to rumors, Uniswap founder Hayden Adams stated that some traditional financial institutions are pushing the U.S. SEC to regulate software developers of decentralized protocols as centralized intermediaries. He mentioned controversies arising from the Constitution DAO auction event and now advocates that DeFi protocols cannot meet the 'fair access' standard. Adams stated that the ...
In response to rumors, Uniswap founder Hayden Adams stated that some traditional financial institutions are pushing the U.S. SEC to regulate software developers of decentralized protocols as centralized intermediaries. He mentioned controversies arising from the Constitution DAO auction event and now advocates that DeFi protocols cannot meet the 'fair access' standard.
Adams stated that the concept of 'fair access' is being used as a reason to strengthen regulation, while open-source, peer-to-peer technology itself can lower liquidity creation barriers, fundamentally differing from traditional market-making models.
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Link: Uniswap Founder Opposes Regulating DeFi Developers as Centralized Institutions [Copy]