Citadel Urges SEC to Scrutinize DeFi Protocols, Drawing Strong Pushback From Crypto Industry

Citadel Urges SEC to Scrutinize DeFi Protocols, Drawing Strong Pushback From Crypto Industry

A Citadel Securities letter to the SEC argues that some DeFi systems resemble traditional exchanges and should face comparable oversight.

Debate Erupts as Uniswap’s Adams Accuses Citadel of Driving Aggressive SEC Oversight on DeFi

The tension between decentralized finance and traditional Wall Street players resurfaced this week after Uniswap founder Hayden Adams publicly accused Citadel Securities of influencing U.S. regulators to impose stricter rules on the DeFi sector. Related Reading: Crypto Gets Legal Recognition: UK Enacts Property Act 2025 For Digital Assets Adams’ comments, shared across social media, sparked […]

Citadel Pushes Back As SEC Considers Looser Rules For Tokenized Assets

Citadel, a leading American market-making firm, has spoken out against the SEC’s proposals to exempt tokenized assets from certain rules that bind traditional equities. The firm highlighted Gensler-era arguments on the similarities of defi protocols to traditional exchanges, while recommending the application of tight rules such as anti-money laundering, KYC, etc., to such protocols. Citadel Securities, dubbed the largest American market maker, …

Hayden Adams Challenges Citadel's Push to Classify DeFi as Traditional Finance

The ongoing battle for the soul of decentralized finance (DeFi) has intensified dramatically, with a direct clash emerging between traditional financial giants and the pioneering ethos of the crypto space. Uniswap founder Hayden Adams has vociferously challenged a recent bid by Citadel Securities to the U.S. Securities and Exchange Commission (SEC), advocating for the reclassification of crucial DeFi infrastructure as traditional financial entit…

Citadel Securities Ignites Debate on Tokenized Equities

Citadel Securities said in a letter to the U.S Seurities and Exchange Commission that it is important not to override key investor protections when trading tokenized securities. The market maker said in the letter that the regulator “should identify the intermediaries that will be involved in the trading of tokenized U.S. equities, including via so-called “decentralized” trading protocols” and refrain from granting broad exemptive relief from th…

SEC DeFi Rules: Citadel Securities Faces Backlash Over

Citadel urged the SEC to treat major DeFi token trading as regulated market activity. The firm warned exemptions could create two rulebooks for the same tokenized security. Crypto figures blasted the move online, including Uniswap’s Hayden Adams and Mersinger. Citadel Securities was criticized online after it called for tougher regulation from the U.S. Securities and Exchange Commission with regard to decentralized finance in the sphere of secur…