The Blockchain Association has launched a new Vaults working group in the US, with dozens of member organizations already taking part. Participants named by the association include a16z crypto, Aave, Ethena, FalconX, Grayscale, Morpho, Uniswap and Wintermute. The group is focused on Vaults, which the association described as an emerging piece of on-chain financial infrastructure that can give users multi-asset exposure and support composable, personalized investment strategies. According to the announcement cited by Techub News, the working group plans to engage directly with the US Securities and Exchange Commission. It also aims to help lawmakers understand how Vaults operate and how existing regulatory frameworks may apply to them, while supporting compliant development of the technology in the United States.
The Blockchain Association said it has formed a Vaults working group in the United States, with dozens of member organizations already involved. Firms named in the announcement include a16z crypto, Aave, Ethena, FalconX, Grayscale, Morpho, Uniswap and Wintermute.
Group to engage directly with the SEC
The association described Vaults as an emerging form of on-chain financial infrastructure. It said the model can offer users multi-asset exposure as well as composable and personalized investment strategies.
The working group will communicate directly with the US Securities and Exchange Commission, according to the announcement. It also plans to help lawmakers understand how Vaults work and how existing regulatory frameworks apply to them, while promoting compliant development of the technology in the US.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
