SorooshX / Group

Your DeFi vault curator could soon need an SEC license. SEC Commissioner Hester Peirce raised the possibility that crypto vaults may qualify as funds — and their curators as registered fund managers under existing law. No rule change needed; it's a reinterpretation of what's already on the books. If that framing holds, any protocol or team running a yield vault faces compliance costs that most aren't built for. Watch which projects respond publicly — silence is its own signal. ‎@SorooshX | SorooshX | SSE | Youtube | Twitter