Aave Labs, Kamino and Veda submit DeFi lending legal framework to the SEC
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Aave Labs, Kamino and Veda submitted a joint legal framework for DeFi lending to the U.S. Securities and Exchange Commission, arguing for clearer rules governing on-chain credit markets. The proposal covers lending protocols across major chains and seeks to distinguish decentralized lending from securities offerings, though the filing did not disclose specific token prices, total value locked or funding figures. The submission matters because regulatory clarity could unlock institutional capital and deepen liquidity in DeFi lending markets that currently operate under legal uncertainty. Watch for SEC feedback or formal rulemaking, and whether other major lending protocols such as Compound and Morpho endorse or submit parallel proposals.
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Named in this story
Aave Labs, SEC, Veda, Kamino