🔍 A Glance at the Protection of DeFi Innovators in the United States
The Solana Policy Institute is urging the SEC to reconsider its approach. The idea? Clearly distinguish DeFi developers from trading platforms. Specifically, this means exempting open-source code creators from the regulatory obligations imposed on exchanges.
Meanwhile, Senator Cynthia Lummis is accelerating the process by introducing a dedicated bill. Her angle: protect contributors working on digital finance without bringing the sky down on their heads. It’s an attempt to reconcile cryptographic innovation with the regulatory framework.
This legislative momentum signals an awareness: open-source developers and market operators are not the same. Sooner or later, this distinction should influence how Washington regulates the sector.
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PumpStrategist
· 01-16 17:36
Wow, finally someone is using their brain on this issue. Developers ≠ exchanges. Why did it take so long for someone to say this simple logic? The situation is clear, it's time to loosen the restrictions.
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rekt_but_not_broke
· 01-15 06:47
Forget it, this logic of distinguishing developers from exchanges should have been in place a long time ago. It's crazy that it took so long for us to realize it.
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OnchainFortuneTeller
· 01-14 16:02
Finally, someone understands that builders and exchanges are not the same kind of entity. This move by the US is considered the right one.
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LiquidityOracle
· 01-14 16:02
Finally, someone understands that developers are not the same as exchanges. It took so long to figure out such a simple thing.
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PaperHandsCriminal
· 01-14 16:02
Wait, is Lummis really pushing this? Finally, someone understands that open-source farming and exchanges are not the same... It took the SEC so long to react, it's hilarious.
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WhaleMistaker
· 01-14 16:01
Someone finally figured it out—developers are not exchanges... The response here in the US is still a bit slow, but at least there's movement.
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LiquiditySurfer
· 01-14 15:46
Finally, someone has figured it out. Open-source developers and exchanges are fundamentally not the same... Lummis has finally found the right perspective this time. The group of coders involved in permissionless finance can be less troubled.
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ChainMelonWatcher
· 01-14 15:46
Haha, finally someone is starting to distinguish between developers and exchanges. Isn't it about time?
🔍 A Glance at the Protection of DeFi Innovators in the United States
The Solana Policy Institute is urging the SEC to reconsider its approach. The idea? Clearly distinguish DeFi developers from trading platforms. Specifically, this means exempting open-source code creators from the regulatory obligations imposed on exchanges.
Meanwhile, Senator Cynthia Lummis is accelerating the process by introducing a dedicated bill. Her angle: protect contributors working on digital finance without bringing the sky down on their heads. It’s an attempt to reconcile cryptographic innovation with the regulatory framework.
This legislative momentum signals an awareness: open-source developers and market operators are not the same. Sooner or later, this distinction should influence how Washington regulates the sector.