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On January 8, 2024, the Digital Assets and Blockchain Technology
Subcommittee (the Subcommittee) of the Commodity Futures Trading
Commission’s (CFTC) Technology Advisory Committee presented a
79-page report titled “Decentralized Finance” (DeFi) to
the CFTC. The Subcommittee’s work, which is sponsored by
Commissioner Christy Goldsmith Romero, does not represent the views
of the CFTC. Rather, it “provid[es] a framework for
policymakers and industry in approaching the regulation of
DeFi.”
In this alert, we summarize the Subcommittee’s conceptual
approach to DeFi in its report, as well as its key findings and
recommendations.
READ THE FULL ALERT.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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