Citadel’s Wild Plea That Sent DeFi Spinning on Its Head
According to Citadel, DeFi platforms-and even the clever little goblins who code smart contracts or build wallets-are actually behaving like “exchanges” or “broker-dealers.” Naturally, Citadel thinks they should all march in step with the same securities laws that rule traditional markets. No exceptions. No elbow room. No fun. 😏





