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Kathryn Haun: SEC outlines safe harbor for DeFi frontends not custodying assets or executing orders
The SEC has signaled a softer approach toward certain DeFi frontends, according to Kathryn Haun. She highlights that frontends not involved in asset custody or order execution have been given a clear message: such activities will not make them an enforcement target.
Haun characterizes this as the most detailed safe harbor provided to date, noting, however, that it is not a formal rule. She further points out that the safe harbor expires in 5 years and could be reversed by a future administration.
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