Citadel causes uproar for urging SEC to regulate DeFi tokenized stocks
Market maker Citadel Securities has recommended that the Securities and Exchange Commission tighten regulations on decentralized finance when it comes to tokenized stocks, causing backlash from crypto users. Citadel Securities told the SEC in a letter on Tuesday that DeFi developers, smart-contract coders, and self-custody wallet providers should not be given “broad exemptive relief” for...
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