SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws

SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws

The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured.

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Category: Crypto

Source: https://www.coindesk.com/policy/2026/07/22/sec-s-peirce-warns-some-defi-vaults-onchain-lending-may-fall-under-securities-laws

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