Why the SEC's Proposed Rules Affecting DeFi Could Violate the First Amendment - Ep.344
22 Apr 2022 · 43:36
Peter Van Valkenburgh, director of research at Coin Center, joins Unchained to discuss a proposed SEC rule that would redefine what counts as an exchange, and why he believes it threatens the free-speech rights of crypto software developers. He explains why the 200-plus page proposal never mentions crypto or DeFi directly, what legal precedent should stop the SEC from restricting developers' speech, and how the rule could affect automated market makers if it takes effect.