The Defi Education Fund urges the Senate to carefully walk on Defi in a common message star-news.press/wp
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Evolution journalist
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The DEFI EDUCION Fund (Def), the Dawa Group for Policy -Backed Policy from the early UNISWAP grant, called on the US Senate Banking Committee to follow a more measured approach to DEFI.
Main meals:
- Dave urges the Senate to distinguish Defi developers from brokers in the organization.
- The group warns that the current rules risk criminalizing non -guardian programs.
- Def calls for federal anticipation to prevent state level attacks on Defi innovation.
in The official response to the 2025 financial innovation bill (RFIA), DEF and a coalition of upper encryption companies have set a frame that they believe can protect innovation without undermining national security or consumer protection.
The response was signed by the A16z Crypto, Jito Labs, Jump Crypto, Paradigm, Multicoin Capital, Solana Policy Institute, UniswApp Foundation, Uniswap Labs and Variant Fund.
Def calls for clear Defi rules, protecting the developer in the Senate response
DEF response to four main columns, including the distinction between Defi developers and brokers, selects the entities required for registration among federal authorities, set decentralization standards, and ensuring that the neutral bases of technology are set.
These suggestions come amid the Senate’s invitation to obtain general reactions on RFIA, which depends on the previous clarity law.
Legionships say they aim to achieve a balance between market growth and financial supervision, but they say a careful understanding of decentralized systems is essential.
One of the most urgent issues raised in the letter involves the ongoing federal issue against the Tornado Roman Storm.
Def criticizes the current Fincen guidelines used in the claim, warning that processing the non -trustee software code as a financial service sets a dangerous precedent.
“Programs that do not take custody or control should not be organized as a mediator,” says Dave, urges the legislative clarification.
The coalition also stressed the need for federal anticipation to overcome the laws of conflicting states.
According to Def, without anticipation, traditional financial players can take advantage of the state levels to target Defi developers and suppress emerging competition.
Andrink Horwitz the gaps in the purification bill
On Thursday, Andressen Horowitz (A16Z) urged American lawmakers to review the draft encryption regulating and review bill, warning that the current proposal could open legal gaps and two investor protection.
While the draft seeks to clarify the organizational scene of digital assets, the A16Z argues that the frame, as written, poses legal and structural risks, especially about the treatment of “auxiliary assets”.
Auxiliary assets indicate digital symbols that are sold along with investment contracts, usually without providing buyers with shares, profits or governance rights.
A16Z said that using this category as a basis for new legislation “without major modifications” is a problem.
The company believes that this structure contradicts the Howwey test, which is the old legal criterion to determine whether the original is qualified as security under American law.
“Hooi rewrites,” the letter stated, “You will leave from the stable law and endanger the investor’s protection.”
Instead, the A16Z supports the definition of the narrower clarity law for “digital goods” and recommends that the control -based decentralization model.
This would evaluate whether any party retains the unilateral, operational, financial, or governance control over Blockchain.
According to the company, decentralization must put the point where the assets are transferred from security to a commodity.
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2025-08-02 14:19:00
