Wintermute Tells SEC: Keep Network Tokens Out of Securities Rules

TLDR: Wintermute asked the SEC to clarify that dealers can self-custody tokenized securities and settle trades onchain with stablecoins. The firm urged regulators to confirm that liquidity providers in DeFi should not face mandatory dealer registration. It requested the SEC to exclude network tokens from securities classification, citing their dominance in crypto markets. Wintermute also [...]

The post Wintermute Tells SEC: Keep Network Tokens Out of Securities Rules appeared first on Blockonomi.