Citadel Urges SEC to Regulate DeFi Like Traditional Markets
Citadel Securities has entered the DeFi regulatory debate with a bold stance: decentralized finance platforms handling tokenized equities should face oversight comparable to traditional exchanges. The firm's letter to the SEC warns that lax regulation risks investor harm and market integrity erosion.
The crypto community pushes back fiercely. Industry leaders argue equating DeFi with centralized entities misrepresents its fundamental technology and stifles innovation. This clash highlights the growing tension between Wall Street's compliance frameworks and crypto's disruptive potential.