
"SEC Expands Oversight to Include Crypto, DeFi, and High-Speed Traders"
The Securities and Exchange Commission (SEC) has adopted a 247-page rule that will require market participants transacting in crypto assets meeting the definition of securities or government securities to comply with federal securities laws, including those involved in decentralized finance (DeFi). The rule, which will become effective 60 days after being published in the Federal Register, has faced pushback from the crypto industry, with concerns raised about the practicality and impact on innovation. The SEC's move aims to provide stricter oversight over dealers, including those operating in the cryptocurrency and DeFi space, to protect investors and ensure fair and level competition.







