Regulation· ★★★· neutral·

Plume pitches four-role vault framework to SEC Crypto Task Force

  • —Four roles: protocol developer, curator, administrator and token issuer
  • —Only administrators and token issuers would face regulatory oversight
  • —Plume Vaults holds about $226M in TVL; Nest has over 213,000 token holders
  • —Nest vaults generated roughly $1.02M in fees over 30 days
Why it matters: The outcome will shape how the SEC regulates onchain vaults and tokenized funds in the US.
Source: Crypto Briefing