Regulation· ★★★· neutral·

CCI pitches SEC on how to classify onchain vaults

  • —CCI filed its 238-page 'Under Control' report with the SEC on Oct. 29
  • —Key test: whether an operator can change rates or allocations after deposit
  • —Vaults classed as investment companies could seek ETF-style exemptive relief
  • —Proposed conditions include onchain disclosure, overcollateralization, code-guaranteed withdrawals and audits
Why it matters: The outcome will decide whether onchain vaults face securities regulation, affecting DeFi pools and tokenized funds.
Source: TokenPost
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