💬 #CryptoRoundTableRemarks : SEC Turns Up the Heat on DeFi 🔍

At the recent SEC crypto roundtable, code vs. accountability took center stage. As decentralized platforms grow in volume and user base, regulators are pressing harder on:

🔹 Who’s responsible when code causes financial harm?

🔹 Should DeFi devs be treated like open-source engineers—or like regulated financial entities?

🔹 Is it time for a global standard on code-based finance?

👨‍⚖️ U.S. regulators hinted at framing DeFi platforms as "critical financial infrastructure," which could mean:

KYC/AML obligations for even decentralized frontends

Audit trails on smart contracts

Liability clauses for developers

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🔧 What This Means for Builders:

Dev protections may erode if regulators enforce intermediary-like duties.

Projects might shift offshore or double down on anonymity.

Compliant protocols could benefit from institutional adoption, while others face deplatforming.

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📣 Where do you stand?

Should developers be shielded like coders—or scrutinized like bankers?

Join the discussion and earn Binance Points!

#CryptoRoundTableRemarks #DeFi #CryptoRegulation