In the ongoing lawsuit between Ripple and the SEC, Ripple asks for information from 15 foreign crypto exchanges.
It is the first official announcement on DeFi from the SEC. Earlier it was not clear which regulators would have oversight over DeFi transactions
Ripple has long been complaining about the US’ Securities and Exchange Commission’s strict regulations vis-a-vis cryptos
Legal experts highlight the promises and challenges of designing compliant securities token offerings