SEC’s Crypto Mom has a warning for DeFi builders

AI Summary SEC Crypto Task Force member Hester Peirce warned that onchain lending and vaults are subject to securities laws. In a Wednesday blog, she insisted that builders should focus on the function and design of their tools, rather than on how their tech shields them from the law. She urged them to quit twisting and bending... fulltext: 321 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/sec-crypto-mom-warning-for-defi-builders/ Source: CryptoPolitan