On December 4th (UTC+8), Uniswap founder Hayden Adams posted an article pointing out 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 disputes in the Constitution DAO auction event, and now they claim that $DeFi protocols cannot meet the "fair access" standard. Adams said that the so-called "fair access" is 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]
On December 4th (UTC+8), Uniswap founder Hayden Adams posted an article pointing out 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 disputes in the Constitution DAO auction event, and now they claim that DeFi protocols cannot meet the "fair access" standard. Adams said that the so-called "fair access" is 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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