Plume Network Urges SEC to Regulate Crypto Vault Curators, Not Protocol Developers

• —Plume split the vault ecosystem into four roles: protocol developer, curator, administrator and vault token issuer
• —Regulation should target curators and token issuers, not immutable smart-contract infrastructure
• —Plume wants SEC rules to recognize distributed-ledger wallet addresses as valid transfer-agent records
• —The company proposed embedding asset-level AML controls with freeze-and-seize functions into tokenized fund interests