Derived from TheCCPress, Wintermute has called on the U.S. SEC to provide regulatory clarity for DeFi traders, specifically those who settle on-chain autonomously without handling customer funds. The company argues that such traders should not be subject to traditional broker-dealer rules, emphasizing the independence of proprietary trading in decentralized finance. Wintermute's proposal, led by CEO Evgeny Gaevoy, could influence DeFi liquidity, compliance costs, and market access, particularly for tokens like ETH and BTC. The firm has submitted detailed recommendations to the SEC, seeking alignment between DeFi practices and U.S. regulatory frameworks. No immediate market reactions or SEC decisions have been observed.
Wintermute Urges SEC for DeFi Trading Regulation Clarity
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