US SEC Commissioner on DeFi

US SEC Commissioner Hester Pierce has been talking about crypto-assets, bitcoin ETFs and DeFi a lot.

In a recent Forbes interview, she touches on some of the key questions that regulators face when deciding when and how securities laws apply to crypto-assets. Commissioner Pierce also touched on DeFi specifically: “Now, if you truly achieve decentralization, then I question whether it makes sense to apply the securities laws.”

She focuses on the issue of information asymmetry that is prevalent in a traditional corporate context, but which may be absent in DeFi. “If you really have a decentralized project, then there is no one who has a monopoly on information. At that point, who would even be providing the information? So that’s something we have to think about.”

Read the entire interview by Forbes’ Steven Ehrlich here.

Facebook
Twitter
LinkedIn
Telegram
Email
WhatsApp

Contact us

Subscribe to our news Letter

Subscribe to our news Letter

Subscribe to our newsletter

Thank you!