SEC's New Broker-Dealer Rule Can Impact DeFI Natives

On Tuesday February 6th, the day right after Mars entered His sign Capricorn of exaltation, the United States SEC ruled that people using AMMs or automatic market makers could feasibly qualify as dealers under their new broker-dealer rule.

Mars in Capricorn can be over confident because He relaxed and laid back. Mars is the fighter, and this means that over the next few months it is important that industry lobbyists fight this ruling diligently.

This is because at the end of April, Sun’s transit will determine the future of this ruling and its implications on DeFi natives in the coming bull run.

That means that fighting this ruling can directly affect the gains that DeFi natives make this bull run.