Wu Blockchain (@WuBlockchain): The SEC voted to adopt a rule requiring market participants with significant liquidity-providing roles to comply with federal securities laws and incl…
Estimated coin impact
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The SEC voted to adopt a rule requiring market participants with significant liquidity-providing roles to comply with federal securities laws and include cryptocurrencies, except for those with assets below $50 million, and the rules will also impact DeFi. https://www.theblock.co/post/276283/sec-adopts-rule-to-have-stricter-oversight-over-dealers-looping-in-crypto-and-defi