yes, that burden of proof will always be on the little guy. but a larger issue is US jurisdiction over globally operated crypto markets.
if the SEC deems defi to be "a security" can they block US investors from trading tokens that can't meet required levels of transparency, such as filing with the SEC?
or can they go even further, and bar a crypto from being traded -- regardless of its good-faith efforts to become a security -- simply because they view it as too disruptive to legacy banking?
i doubt anything will happen quickly, nor (as far as i know) can it become law without legislative debate.
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