4 sourcesTracking since 22 Jul, 14:58
SEC’s Peirce warns crypto vaults, onchain lending may fall under securities laws
Chronological coverage
First seen22 Jul, 14:58SEC’s Peirce warns crypto vaults, onchain lending may fall under securities laws
SEC's Hester Peirce warned that crypto vaults and decentralized lending products are not automatically exempt from federal securities laws.
CryptoBriefing•Vivian Nguyen
Follow-up22 Jul, 15:37SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws
CoinDesk•Krisztian Sandor
Follow-up22 Jul, 16:34SEC’s Hester Peirce warns DeFi vaults, onchain lending may qualify as securities
SEC's Hester Peirce warns DeFi platforms that vaults and lending could face securities laws based on management and structure.
CryptoBriefing•Editorial Team
Follow-up22 Jul, 17:39SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws
The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are structured and operated.
Cointelegraph•Cointelegraph by Nate Kostar
Latest23 Jul, 16:13SEC's Peirce Says Onchain Vaults, Lending Can Trigger Securities Laws
The Commissioner known as 'Crypto Mom' framed the statement as an invitation to engage rather than an enforcement threat, warning builders who twist the law that they "will have a painful fall."
The Defiant•The Defiant Team