CryptoCoinDeskabout 2 hours ago
SEC warns DeFi vaults may face securities laws
1 min read
SEC Commissioner Hester Peirce said crypto vaults and onchain lending strategies may fall under federal securities laws depending on their structure. Morpho's token fell about 5% after the statement. Vaults hold over $8 billion in assets, with Coinbase and Robinhood integrating them for stablecoin yield.
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