S&P Global is expanding its risk assessment services to the crypto lending vault sector. In August, lending protocol Term Finance suffered an estimated $8.5 million loss after governance controls of its Meta Vaults were exploited. In the United States, these vaults remain in a regulatory gray area. In July, SEC Commissioner Hester Peirce indicated that some vaults and on-chain lending products could fall under federal securities laws depending on how they are structured and operated.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
