DeFi Enforcement Ignites Dissent from CFTC Commissioner

United States Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger has expressed her concerns regarding the agency’s consideration of enforcement actions targeting decentralized finance (DeFi) protocols, suggesting that this approach may overlook the importance of public engagement.

In a public statement released on September 7, Commissioner Mersinger articulated her apprehensions about the CFTC’s strategy, asserting that enforcement actions may not be the best way to address the complexities of new DeFi technologies. She advocates for a more collaborative approach, emphasizing the need for the CFTC to engage with the public and stakeholders through rulemaking and other regulatory initiatives, rather than predominantly relying on enforcement measures.