Uniswap founder Hayden Adams tweeted that some traditional financial institutions are pushing the U.S. SEC to regulate software developers of decentralized protocols under the same standards as centralized entities. These institutions previously sparked controversy during the Constitution DAO incident and now claim that DeFi protocols cannot meet the "fair access" standard.

"No wonder market makers who manipulate trading behind the scenes dislike open-source, peer-to-peer technology, as it lowers the barrier to liquidity provision."

[Foresight News]

Uniswap founder opposes regulating DeFi developers under centralized institutional standards