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EconomySEC Commissioner Hester Peirce: Truly decentralized DeFi needs no legal exemption

SEC Commissioner Hester Peirce said investors do not need an exemption to use permissionless smart contracts for peer-to-peer trading. SEC actions on tokenized securities and crypto interfaces outline separate limits on intermediary control, but “truly decentralized” remains undefined under a unified federal test.

DeFiSECcrypto regulation

CCryptoSlate★★☆☆☆2026-09-21 14:35Original

SEC Commissioner Hester Peirce: Truly decentralized DeFi needs no legal exemption
SEC Commissioner Hester Peirce: Truly decentralized DeFi needs no legal exemptionEconomy