ConsenSys Challenges SEC DeFi Rule
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ConsenSys Submits Letter to SEC on DeFi Rule Amendment Concerns
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ConsenSys submitted letter to SEC urging removal of proposed rule amending DeFi exchange definition.
Company argues SEC ’s DeFi rule violates the Administrative Procedure Act and U.S. Constitution.
Proposed amendments on DeFi exchanges received substantial opposition during the 2022 comment period.
The submission comes just weeks after the launch of a dedicated website outlining its role in establishing clear crypto regulations.
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