Alerts10.9.23
CFTC Reminds DeFi Operators to Register and Comply Amidst Continued Enforcement
Highlights
CFTC settles enforcement actions with three DeFi protocols over CEA and anti-money laundering violations
Enforcement signals increased CFTC interest in decentralized finance applications and DeFi protocols offering commodifies products to U.S. users
The commission indicates that decentralization is not a defense when determining control and assigning liability for protocol violations
The Commodity Futures Trading Commission (CFTC) recently announced its continued enforcement focus in digital asset decentralized finance (DeFi) by issuing orders settling charges against three DeFi protocol operators.
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