CFTC Pressure Mounts for DeFi Protocols to Register and Comply
Decentralized finance (DeFi) has exploded in popularity as an alternative venue for cryptocurrency trading, lending and other financial activities. However, recent enforcement actions by the Commodity Futures Trading Commission (CFTC) serve as a stern warning that DeFi protocols cannot ignore regulatory compliance obligations. DeFi operators must register appropriately and meet requirements under the Commodity Exchange Act (CEA) or risk penalties.
