In accordance with PANews, on December 5, the U.S. SEC Investor Advisory Committee held a meeting on tokenized asset regulation, with executives from Citadel, Coinbase, and Galaxy in attendance. Citadel proposed that the SEC strictly define the roles of decentralized trading protocols as intermediaries, a suggestion that drew opposition from some in the crypto community, who argue that traditional regulations are not applicable to DeFi structures. Coinbase stated that regulatory differences should be examined on a case-by-case basis to avoid imposing irrelevant obligations. SEC Chair Atkins emphasized the need to provide a compliance pathway to promote innovation in tokenization.
SEC Meeting Sparks Debate Over Decentralization Regulation
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