CoinDesk (@CoinDesk): NEW: SEC Commissioner Hester Peirce says crypto vaults and onchain lending strategies could fall under U.S. securities laws depending on how they're s…
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NEW: SEC Commissioner Hester Peirce says crypto vaults and onchain lending strategies could fall under U.S. securities laws depending on how they're structured and managed. She urged builders to work with the SEC on compliant paths forward rather than "do headstands, backflips, and other gymnastics" to avoid the law.