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MITRE and SEC discuss DeFi market risks and smart contract circuit breakers
According to TechFlow, MITRE, the operator of the U.S. Federal Research and Development Center, met with the SEC Crypto Task Force on February 21. The two sides discussed the hidden centralization risks of the DeFi market, the systemic risk assessment of the linkage between DeFi and traditional finance, and the necessity of a circuit breaker mechanism at the smart contract level.
MITRE plans to promote the design of a multi-agency collaborative regulatory framework for stablecoins, develop regulatory opinion collection and analysis tools, and embed risk blocking mechanisms in smart contracts. In addition, MITRE will use the IVAN digital asset threat sharing platform and the AADAPT cyber threat framework to strengthen regulatory research on the crypto market.
MITRE plans to promote the design of a multi-agency collaborative regulatory framework for stablecoins, develop regulatory opinion collection and analysis tools, and embed risk blocking mechanisms in smart contracts. In addition, MITRE will use the IVAN digital asset threat sharing platform and the AADAPT cyber threat framework to strengthen regulatory research on the crypto market.
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