Paul skenes is a dawg
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Huge! The SEC just gave DeFi a broker exemption. Uniswap UI, MetaMask Swap, DEX aggregators DON'T need to register as a broker-dealers. DeFi apps just can't get paid for order flow, offer investment advice, or touch user funds - all fair. Exactly the clarity we needed - the right approach. I remember SBF telling us in 2022 they'd never allow DeFi apps to not be regulated as broker-dealers (and that only he could save us....by selling out DeFi to the U.S. gov). Wrong again Sam. And as for this Atkins/Pierce SEC....they just keep being awesome.
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Linksys and Netgear Routers Blowout sale on Woot
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