Uniswap founder opposes regulating DeFi developers like centralized institutions

Uniswap founder Hayden Adams pointed out that some traditional financial institutions are pushing the U.S. SEC to regulate decentralized protocol developers as if they were centralized intermediaries. He mentioned that these institutions had previously generated controversy during the Constitution DAO auction event and are now claiming that DeFi protocols cannot meet the "fair access" standard.

Adams stated that the so-called "fair access" is being used as a justification for increased regulation, while open-source, peer-to-peer technology itself can lower the barriers to liquidity creation, fundamentally differing from traditional market-making models.