👀 Stablecoins and DeFi could be SEC's next target
Analysts at investment bank Berenberg say that if the SEC wants to reduce the potential of unregulated DeFi protocols as a viable alternative to regulated lenders and exchanges, it could start by putting pressure on stackable coins. 🤯
🔴 The main beneficiary in this situation would be bitcoin, which is currently the only one classified as a commodity.
