According to a report from Jinse Caijing, the U.S. Securities and Exchange Commission (SEC) disclosed a meeting memorandum document today. On February 21, the SEC's Cryptocurrency Special Action Group met with representatives from MITRE, an affiliate of the Massachusetts Institute of Technology. MITRE operates a research and development center funded by the U.S. Department of the Treasury. MITRE representatives submitted attachment documents and discussed the following during the meeting:
MITRE will promote the design of a framework for multi-agency collaborative regulation of stablecoins, develop tools to optimize the collection and analysis of regulatory opinions;
Reveal the centralized risk behind the control of DeFi protocols, uncover the hidden centralization in decentralized financial markets;
Assess the systemic risks when DeFi interacts with traditional financial systems;
The necessity of a smart contract level circuit breaker mechanism, MITRE proposes embedding risk prevention mechanisms in smart contracts to suppress risk transmission.
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