Hayden Adams, founder of Uniswap, wrote that some traditional Financial Institutions Groups are pushing the SEC to regulate software developers of decentralized protocols as centralized intermediaries. He mentioned that the relevant agencies have been controversial in the constitutional DAO auction, and now argue that the DeFi protocol does not meet the "fair access" standard.
Adams says so-called "fair access" is used as a justification for tighter regulation, while open-source, peer-to-peer technology itself can lower the barriers to creating liquidity, fundamentally different from the traditional market maker model.
Uniswap founder opposes regulating DeFi protocol developers as centralized intermediaries
2025-12-04 03:45:50
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