Today, April 18th, 2025, DeFi Education Fund (DEF) submitted Guiding Principles for a Token Safe Harbor Framework to the Securities and Exchange Commission (SEC) Crypto Task Force.
Happy Wednesday all! This morning we published a blog post focused on last week’s release of a discussion draft for market structure legislation. Our blog explores what’s in the bill, how it could impact DeFi, and the next steps in the process:
Hey all! Today, in collaboration with Uniswap Foundation (UF), DEF provided a new submission to the SEC Crypto Task Force focused exclusively focused on DAOs and decentralized governance.
If I was a cynical old fogey, I’'d speculate that unless you couple token to the meme-coin (and attend the tete-a-tete dinner court attendances), any submission might be whistling in the wind.
But then I’m not a yankee descent from revolutionaries with a long list of grievances so petitions might wriggle their way into the ear of someone competent.
Hey all! Flagging that today, DEF was joined by other leading crypto policy orgs in calling on Congress to include the Blockchain Regulatory Certainty Act (BRCA) in market structure legislation.
Just wanted to share that today, DEF and the Blockchain Association published our joint amicus brief in support of the Samourai Wallet defendants’ motion to dismiss the charges.
While we would have liked to submit this to the court, the Judge denied the defendants’ motion to allow amicus briefs. Despite this, we feel strongly that we need to share our perspective.
Just want to flag that DEF just published a blog on the GENIUS Act that passed out of the Senate yesterday. The blog examines what’s in the bill that just passed, what it means for DeFi, and what’s next.
Wanted to flag that last night, last night, DEF, Paradigm, Bitcoin Policy Institute, Blockchain Association, Crypto Council for Innovation, Digital Chamber of Commerce, Solana Policy Institute, and the Uniswap Foundation, filed an amicus brief in Michael Lewellen v. Pamela Bondi in support of Lewellen’s opposition to the DOJ’s motion to dismiss.
In case you need a quick TLDR, in Jan. 2025, Michael Lewellen filed a preemptive lawsuit against the DOJ for capriciously prosecuting noncustodial software developers as money transmitters under 18 U.S.C. §1960, a federal statute which proscribes failing to register as a “money transmitting business.”
As you all may know, Roman Storm’s trial begins today. Yesterday, DEF published a helpful backgrounder providing an overview of how we got to where we are.
As we write, “Today, the target is Tornado Cash…tomorrow it could be the developers of a VPN, an encrypted messaging app, or a peer-to-peer file sharing tool.”
Hi all! Happy Monday! I want to share two quick exciting updates from DEF:
Today, we officially welcomed two new full-time employees to the DEF team! Ayana Dow joins DEF as Senior Counsel, where she will advise on regulatory matters, proposed rulemakings, and legislation; and Talia Davis will serve as Vice President of Government Relations, leading DEF’s advocacy efforts on Capitol Hill.
Today, DEF and A16z sent a letter to the SEC Crypto Task Force advocating for a safe harbor from broker registration requirements under the Securities Exchange Act of 1934 for trading interfaces that enable users to interact with blockchains and smart contract protocols (Apps), including those related to decentralized financial (DeFi) protocols and NFT marketplaces. https://www.defieducationfund.org/post/def-and-a16z-jointly-submit-safe-harbor-proposal-to-the-sec-for-user-interfaces