Podcast episode explores whether DeFi vaults trigger securities law, featuring vault infrastructure founder Sun Raghupathi and SEC Commissioner Hester Peirce's recent statement on vault regulation.
DeFi & Yields ·
A podcast episode examined whether decentralized finance vaults may trigger securities law, with vault infrastructure developer Sun Raghupathi arguing that regulatory treatment depends on individual cases rather than blanket rules. The discussion covered the $67B in onchain vaults currently operating and SEC Commissioner Hester Peirce's recent statement on vault regulation, which has generated divided reactions in the crypto community. Topics included how vault yield is generated, the mechanics of vault infrastructure, and Kraken's $600M vault partnership.