🔍 A Glance at the Protection of DeFi Innovators in the United States

The Solana Policy Institute is urging the SEC to reconsider its approach. The idea? Clearly distinguish DeFi developers from trading platforms. Specifically, this means exempting open-source code creators from the regulatory obligations imposed on exchanges.

Meanwhile, Senator Cynthia Lummis is accelerating the process by introducing a dedicated bill. Her angle: protect contributors working on digital finance without bringing the sky down on their heads. It’s an attempt to reconcile cryptographic innovation with the regulatory framework.

This legislative momentum signals an awareness: open-source developers and market operators are not the same. Sooner or later, this distinction should influence how Washington regulates the sector.