Uniswap founder Hayden Adams posted that some traditional financial institutions are pushing the U.S. SEC to regulate decentralized protocol software developers as centralized intermediaries. He mentioned that the relevant institutions had been controversial in the Constitution DAO auction event, and now they argue that DeFi protocols cannot meet the "fair access" standard.Adams said that the so-called "fair access" is being used as a reason to strengthen regulation, while open source, peer-to-peer technology itself can lower the threshold for liquidity creation, which is fundamentally different from the traditional market maker model.[星球日报]
Uniswap founder Hayden Adams posted that some traditional financial institutions are pushing the U.S. SEC to regulate decentralized protocol software developers as centralized intermediaries. He mentioned that the relevant institutions had been controversial in the Constitution DAO auction event, and now they argue that DeFi protocols cannot meet the "fair access" standard.Adams said that the so-called "fair access" is being used as a reason to strengthen regulation, while open source, peer-to-peer technology itself can lower the threshold for liquidity creation, which is fundamentally different from the traditional market maker model.[星球日报]
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