Solana Policy Institute calls for a distinction between the roles of centralized exchanges and DeFi software.

AI Summary1 min read

TL;DR

The Solana Policy Institute has urged the SEC to differentiate centralized exchanges from DeFi software, arguing that developers should not be regulated as intermediaries to protect open-source projects.

Tags

OlaYSolana Policy InstituteSECDeFi regulationcentralized exchangesopen-source projects

Odaily Odaily that the Solana Policy Institute has sent a letter to the U.S. Securities and Exchange Commission (SEC), advocating for a clear distinction between centralized trading platforms and decentralized, non-custodial DeFi software, emphasizing that developers should not be treated as intermediaries for regulation. This move aims to secure regulatory exemptions for open-source DeFi projects and prevent technology developers from assuming financial intermediary obligations. (Solid Intel)

Visit Website