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Protection for Crypto Developers: DeFi Education Fund Appeals to US Senate

Protection for Crypto Developers: DeFi Education Fund Appeals to US Senate

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by Giorgi Kostiuk

3 hours ago

DeFi Education Fund has reached out to the US Senate, emphasizing the need to protect cryptocurrency developers amid new legislative proposals.

Call for Regulatory Reconsideration

DeFi Education Fund highlighted the necessity of protecting crypto developers after reviewing the discussion draft of a crucial crypto market structure bill.

Drafting the New Bill

The Responsible Financial Innovation Act of 2025 has been introduced by Republican leaders in the Senate, building on the CLARITY Act passed in the House of Representatives.

Responses from Other Industry Players

A16z Crypto also responded to the draft bill, citing concerns that it might undermine investor protections by creating loopholes, potentially harming the market.

The discussion surrounding the new bill is ongoing, with DeFi Education Fund and other industry stakeholders actively voicing their perspectives on necessary protections and regulations in the DeFi sector.

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