Citadel Launches All-Out Assault on DeFi – U.Today
Powerful hedge fund Citadel Securities has voiced strong opposition to broad decentralized finance (DeFi), particularly for tokenized U.S. equities, in a letter to the SEC that provides feedback on proposed for exemptive relief. Its stance has attracted strong backlash from some crypto industry voices. Not decentralized? Citadel argues that many DeFi platforms effectively operate as...
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