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DeFi groups co-signed a letter to the SEC requesting a clear regulatory framework.

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ME News, April 25 (UTC+8), DeFi Education Fund, together with Aave Labs, Uniswap Labs, Paradigm, Andreessen Horowitz and other institutions, sent a letter to the U.S. SEC responding to the recent broker registration statement for crypto asset securities "non-custodial user interfaces" issued by the Division of Trading and Markets. The joint signatories support the statement's exclusion of "non-custodial user interfaces" that merely provide technical entry points and allow users to self-manage assets from broker registration, while calling on the SEC to adopt formal rulemaking to provide a clearer and more sustainable definition of "broker" standards, avoiding the erroneous inclusion of neutral software tool providers, validators, RPC/API, oracles, cloud services and other infrastructure under broker regulation, thereby providing long-term legal certainty for blockchain infrastructure innovation while ensuring investor protection. Previously, the SEC's Division of Trading and Markets stated that certain DeFi trading interfaces do not need to register as brokers, providing policy space for related applications. Meanwhile, supporters believe the new rules can cover infrastructure participants such as validators, APIs, and oracles. Currently, the U.S. crypto market legislation, the CLARITY Act, is stalled in the Senate. (Source: ChainCatcher)
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