CryptoCointelegraphabout 2 hours ago
Revised CLARITY Act targets 'non-decentralized' DeFi operators
1 min read
A revised version of the CLARITY Act directs the SEC and CFTC to determine if controllers of 'non-decentralized' DeFi protocols must comply with securities, commodities, and AML rules. The bill defines such protocols as those whose functionality can be materially altered by a person or group.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
