The dry crypto working group is preparing for its next big event – a round table to talk about Defi. Finally, this important meeting was scheduled for June 6, reprogrammed later on June 9 at the SEC headquarters in Washington, DC
However, the title of the event is “DEFI and the American spirit”, attracting a lot of attention from the leaders of Wall Street, of the developers of Crypto and the public.
Defi: the hot subject in everyone’s mind
Decentralized finance, or DEFI, has increased quickly. People like the idea of financial tools that do not rely on large banks or other intermediaries. But as more and more people intervene, questions about rules and safety have also increased. This is why the dry brings everyone together to understand how to move forward.
The SEC says that this meeting is part of its mission to understand how Defi works and decide whether new rules are necessary.
The subjects will include the functioning of intelligent contracts, which controls tokens and how automated systems can keep things right for everyone.
Open cat with developers and experts
Commissioner Hester Peirce, who directs this panel, said that she wanted honest talks. “We are here to learn,” she explained during a recent briefing. She thinks that by listening to developers and people using these systems, the dry can find ways to protect investors without slowing down progress.
During the meeting, experts will also examine how active active worlds such as watches or art can be transformed into digital parts and exchanged on blockchain.
Big names of panelist
The round table will include Wall Street DBA panelists, Jito Labs, Metalex, Coin Center, etc.
PSTICAPTES tilted Michael Jordan, co-founder of DBA, Rebecca Rettig, CLO of Jito Labs, Gabriel Shapiro, CEO of Metalelex, Peter Van Valkenburg, H Coin Center director, and many others.