Uniswap founder opposes regulating DeFi developers as centralized institutions

Uniswap founder Hayden Adams posted, pointing out that some traditional financial institutions are urging the U.S. SEC to regulate software developers of decentralized protocols as if they were centralized intermediaries. He mentioned that these institutions previously sparked controversy during the Constitution DAO auction event, and now argue that $DeFi protocols cannot meet the "fair access" standard.

Adams stated that the so-called "fair access" is being used as a justification for increased regulation, while open-source, peer-to-peer technology inherently lowers the barriers to liquidity provision, fundamentally differing from the traditional market-making model.

[ChainCatcher]