Citadel Challenges DeFi Framework in Letter to SEC, Sparking Industry Outrage

Citadel, a prominent financial institution known for its significant presence in the trading and investment sectors, has raised eyebrows by formally challenging the regulatory framework governing decentralized finance (DeFi) in a recent letter addressed to the Securities and Exchange Commission (SEC). This bold move has ignited a wave of outrage and backlash within the cryptocurrency and DeFi communities, with industry participants expressing their concerns over the implications of Citadel's stance and the potential impact on the rapidly evolving financial landscape. source: https://www.coindesk.com/business/2025/12/04/citadel-challenges-defi-framework-in-letter-to-sec-sparking-industry-outrage