BTC $65,873.00 -0.85%
ETH $1,926.57 +0.16%
SOL $77.61 -0.38%
XRP $1.14 -1.79%
SEC’s Peirce Says Crypto Vaults, Onchain Lending May Fall Under Securities Laws Thumbnail
News

SEC's Peirce Says Crypto Vaults, Onchain Lending May Fall Under Securities Laws

High Conviction

SEC Commissioner Hester M. Peirce said crypto vaults and onchain lending can raise securities-law issues even when they run on public blockchains, sharpening the compliance debate around DeFi yield products and lending markets.

Noah Carter4 min readJul 22, 2026
MARKET HIGHLIGHTS
BTC Price
$65,856
-0.87%
ETF Net Flow
+$210M
Today
$
Stablecoin Liquidity
Expanding
7D Change +2.81%
Risk Appetite
Moderate
Index: 56 / 100
ONCHAIN SNAPSHOT
Active Addresses
12.45%
7D Change
Exchange Outflow
Rising
7D Trend
Whale Activity
Accumulating
7D Trend
Long-Term Holder Supply
Increasing
7D Change