Cryptocurrency lobby group DeFi Education Fund has called on the U.S. Senate Banking Committee to reconsider its plans to regulate the decentralized financial industry after reviewing a discussion draft recently released by the committee on a major cryptocurrency market structure bill.
The response, signed by representatives of DeFi Education Fund (DEF) members such as a16z Crypto, Uniswap Labs, and Paradigm, states that the Responsible Financial Innovation Act of 2025 (RFA) should be enacted in a more technology-neutral manner, that cryptocurrency developers should be protected from "inappropriate regulation against intermediaries," and that self-custody rights for all Americans are "essential."
The DeFi Education Fund has urged the Senate to strengthen protections for cryptocurrency developers in the draft bill
2025-08-02 03:30:19
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