a16z & DEF propose "safe harbor" rules for DEXs to the SEC. Their proposal to SEC Commissioner Hester Peirce's crypto task force suggests DEX protocols & front-ends shouldn't be classified as "exchanges" under the Securities Exchange Act.
Key standards for exemption: non-custodial, autonomous automated execution, permissionless access, and trustworthiness/neutrality. They argue purely autonomous protocols lack intermediary risks & should get compliance exemptions.
Additionally, a16z suggests a dedicated registration channel for centralized crypto platforms, allowing compliant trading of tokenized securities & mixed pairs.
#crypto #blockchain #news
Blockchain Report
npub1cg…nmysr
2026-09-23 00:15:19 UTC
Author Public Key
npub1cg2ejqexhx88llcve0yxts2exv5q9k0a88l69q0vp7y5n0f2xyfscnmysrPublished at
2026-09-23 00:15:19 UTCEvent JSON
{
"id": "d7e347795c2d436274f1b8e498252e7020982d7dbf12d5cebc20884a59e4d7b9",
"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1790122519,
"kind": 1,
"tags": [],
"content": "a16z \u0026 DEF propose \"safe harbor\" rules for DEXs to the SEC. Their proposal to SEC Commissioner Hester Peirce's crypto task force suggests DEX protocols \u0026 front-ends shouldn't be classified as \"exchanges\" under the Securities Exchange Act.\n\nKey standards for exemption: non-custodial, autonomous automated execution, permissionless access, and trustworthiness/neutrality. They argue purely autonomous protocols lack intermediary risks \u0026 should get compliance exemptions.\n\nAdditionally, a16z suggests a dedicated registration channel for centralized crypto platforms, allowing compliant trading of tokenized securities \u0026 mixed pairs.\n\n#crypto #blockchain #news ",
"sig": "108d97f1ea014ecc749861b7644c575cce87b261d1a47647c146a70a8033406ec25dd0fb6ece8e7fb13b3bfb8e2a3b51977839649c9e2bbdf16899270e32583e"
}