U.S. SEC plans to amend the Securities Exchange Act, or have an impact on encryption and DeFi

Time：2022-03-19 Source： 1269 views Mining Copy share

The U.S. Securities and Exchange Commission (SEC) introduced proposed amendments to the Securities Exchange Act of 1934.

There are discussions pointing out or having an impact on crypto and DeFi. The amendment calls for the definition of an exchange to include providing a system that connects buyers and sellers of securities using non-corporate trading interests and communication protocols.

Coin Center director Peter Van Valkenburgh said this has potential implications for the crypto market, especially for software developers. Others say the changes are meant to appeal to the DeFi market.

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