SEC New Rule Expands Crypto and DeFi Oversight

The United States SEC enacted rules on February 6 that will compel a broader array of market participants to register with the commission, align with a self-regulatory body, and adhere to federal securities laws and regulations. These regulations, spanning 247 pages, mark a significant shift and could lead to increased oversight over crypto and decentralized finance (DeFi) sectors. Redefined Terms and Broadened Scope Proposed in 2022, these rules redefine terms like dealer and government securities dealer within the Securities Act Rules. They also clarify the phrase as a part of a...


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