Wu Blockchain has learned that Uniswap founder Hayden Adams posted on X, stating that Ken Griffin and his firm Citadel are pushing the US SEC to treat decentralized protocol software developers as centralized intermediaries. He also criticized their argument that DeFi cannot achieve “fair access,” saying it contradicts the goal of open-source, peer-to-peer technology to lower the barriers to liquidity, pointing out a conflict of interest between traditional market makers and the open competition of decentralized finance.
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Wu Blockchain has learned that Uniswap founder Hayden Adams posted on X, stating that Ken Griffin and his firm Citadel are pushing the US SEC to treat decentralized protocol software developers as centralized intermediaries. He also criticized their argument that DeFi cannot achieve “fair access,” saying it contradicts the goal of open-source, peer-to-peer technology to lower the barriers to liquidity, pointing out a conflict of interest between traditional market makers and the open competition of decentralized finance.