
SEC Commissioner Peirce’s Remarks on Crypto Vaults Signal Move Toward Formal DeFi Regulation, Sentora CLO Says
Recent comments by U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce regarding crypto vaults and on-chain lending are being interpreted by industry legal experts as a constructive signal that the agency is moving toward formalizing decentralized finance (DeFi) regulation, rather than imposing stricter enforcement. Michael Bassett, chief legal officer at institutional DeFi platform Sentora, said the remarks indicate that discussions about bringing DeFi into the regulatory fold are gaining momentum. Peirce’s Remarks and Their Context Speaking publicly, Peirce reiterated the SEC’s longstanding position that activity executed on a blockchain does not automatically exempt it from federal securities laws. However,…








