Friday, April 26, 2024
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Requiring DEXes to register with SEC like other exchanges is ‘impossible’, says Coinbase CLO

Paul Grewal, chief legal officer of United States-based cryptocurrency firm Coinbase, has pushed back against a proposed rule change from the Securities and Exchange Commission (SEC) which could change the definition of an exchange and how digital assets are regulated.In a June 14 Twitter thread, Grewal said the SEC proposal

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Revised FATF Crypto Guidelines Could Spell The End of DEXes and DeFi

Dave Jevans, the CEO of crypto analytics firm CipherTrace, warned that regulators are looking to equalize compliance rules between decentralized and centralized exchanges. The knock-on effect poses questions on the operational feasibility of the segment and the DeFi platforms and protocols. Q: Based on the new FATF draft guidance, it sounds

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