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CFTC Cracks Down on DeFi Protocols

The United States Commodity Futures Trading Commission (CFTC) has taken heavy enforcement actions against prominent decentralized finance (DeFi) protocols Opyn, ZeroEx, and Deridex. The protocols have been accused of allegedly operating unregistered derivative trading platforms, thereby violating the legal mandates outlined in the Bank Secrecy Act and the Commodity Exchange Act.

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