Morpho CEO’s Vault Classification Proposal Faces Pushback
Paul Frambot’s proposal to split onchain vaults into two regulatory categories drew objections from Aave’s Stani Kulechov and other industry figures.
Morpho co-founder and CEO Paul Frambot outlined a proposed regulatory distinction for onchain vaults in an article posted on X on Sept. 24. His framework would separate the vaults into two categories.
The proposal prompted objections within an hour. Those pushing back included Aave founder Stani Kulechov, attorney Gabriel Shapiro and several founders working on vault infrastructure.
The Defiant reported the exchange, but the available excerpt does not detail Frambot’s proposed categories or the specific arguments raised by his critics.
Source: The Defiant
