COINOTAG News reports that in response to Citadel Securities‘s 13-page letter to the SEC urging tighter regulation of tokenized securities, the industry issued a joint reply calling the critique baseless. The message, co-signed by the DeFi Education Fund, a16z, the Chamber of Digital Commerce, Orca Creative, J.W. Verret, and the Uniswap Foundation, asserts that investor protection and market integrity can be achieved through well‑designed on-chain markets without mandatory intermediary registration.
Proponents argue that disciplined on-chain markets can deliver investor protection while enabling tokenization of securities—challenging the assumption that exchanges or brokers must be traditional entities. The policy dialogue reflects a broader tilt toward crypto space within a practical regulatory framework, with officials signaling safeguards for developers and DeFi. Critics contend Citadel’s letter contains inaccuracies and defends its commercial position, advocating balanced oversight rather than blanket restriction.
Source: https://en.coinotag.com/breakingnews/uniswap-foundation-leads-defi-reply-against-citadel-securities-sec-letter-on-tokenized-securities-regulation
