![SEC's 'Dealer' Rules Spark Concerns Over Impact on Crypto Innovation](https://static.news.bitcoin.com/wp-content/uploads/2024/02/sec-overreach-schiff-768x432.jpg)
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules, which explicitly target decentralized exchanges’ (DEX) liquidity providers (LPs) with at least $50 million in assets. […]