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🚨 JUST IN: SEC Commissioner Hester Peirce warned that certain DeFi vaults and onchain lending protocols could fall under U.S. securities laws depending on how they're structured. The comments fueled fresh regulatory concerns, sending $MORPHO down about 5% as investors priced in the possibility of increased SEC scrutiny. While this isn't a new rule, it signals that some DeFi yield and lending products could face closer oversight in the U.S. Do you think clearer regulation will accelerate DeFi adoption or slow innovation?

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