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SEC's Pierce warns some DeFi vaults, onchain lending may fall under securities laws
The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured.
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cryptobriefing.com
SEC's Peirce says crypto vaults, onchain lending may fall under securities laws
SEC's Hester Peirce warned that crypto vaults and decentralized lending products are not automatically exempt from federal securities laws.
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theblock.co
'You will have a painful fall': SEC's Peirce warns crypto vault builders against twisting securities law
Hester Peirce, aka "Crypto Mom", issued a statement clarifying that onchain vaults and lending may fall under the SEC's remit.
