Uniswap founder Hayden Adams posted on X stating that Ken Griffin and his firm Citadel are pushing the U.S. SEC to treat software developers of decentralized protocols as centralized intermediaries; he criticized their argument that DeFi cannot achieve "fair access," saying it contradicts the goal of open-source peer-to-peer technology to lower liquidity barriers, highlighting a conflict of interest between traditional market makers and the open competition enabled by DeFi.[Wu Blockchain]
Uniswap founder Hayden Adams posted on X stating that Ken Griffin and his firm Citadel are pushing the U.S. SEC to treat software developers of decentralized protocols as centralized intermediaries; he criticized their argument that DeFi cannot achieve "fair access," saying it contradicts the goal of open-source peer-to-peer technology to lower liquidity barriers, highlighting a conflict of interest between traditional market makers and the open competition enabled by DeFi.[Wu Blockchain]
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