DeFi enforcement sparks dissenting opinion from CFTC commissioner By Cointelegraph
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United States Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger said she is concerned that the agency is considering enforcement actions related to decentralized finance (DeFi) protocols rather than engaging with the public.
In a public statement issued on Sept. 7, the commissioner expressed her misgivings about the approach taken by the CFTC in these cases, arguing that enforcement actions are not the most suitable means of addressing novel DeFi technology. The commissioner believes that the CFTC should engage with the public and stakeholders through rulemaking and other regulatory tools instead of relying primarily on enforcement actions.
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United States Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger said she is concerned that the agency is considering enforcement actions related to decentralized finance (DeFi) protocols rather than engaging with the public.
In a public statement issued on Sept. 7, the commissioner expressed her misgivings about the approach taken by the CFTC in these cases, arguing that enforcement actions are not the most suitable means of addressing novel DeFi technology. The commissioner believes that the CFTC should engage with the public and stakeholders through rulemaking and other regulatory tools instead of relying primarily on enforcement actions.
Continue Reading on Coin Telegraph
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