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SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws
Original Source: CoinDesk Original URL: https://www.coindesk.com/policy/2026/07/22/sec-s-peirce-warns-some-defi-vaults-onchain-lending-may-fall-under-securities-laws Content: The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured.
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