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Solana Policy Institute Urges SEC to Distinguish Between Centralized Exchanges and DeFi Software Roles
Summary: According to market reports, the Solana Policy Institute has written to the US SEC advocating for a clear distinction between centralized trading platforms and decentralized, non-custodial DeFi software, emphasizing that developers should not be considered intermediaries for regulatory purposes. This move aims to secure regulatory exemptions for open-source DeFi projects and prevent technical developers from ...
According to market reports, the Solana Policy Institute has written to the US SEC advocating for a clear distinction between centralized trading platforms and decentralized, non-custodial DeFi software, emphasizing that developers should not be considered intermediaries for regulatory purposes. This move aims to secure regulatory exemptions for open-source DeFi projects and prevent technical developers from assuming financial intermediary obligations.
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Link: Solana Policy Institute Urges SEC to Distinguish Between Centralized Exchanges and DeFi Software Roles [Copy]