DeFi Industry Urges Congress to Protect Developers From Regulatory Crackdowns

The DeFi Education Fund has garnered support from over 100 blockchain projects and investors, urging US Congress to safeguard software developers from potential regulatory overreach. The fund recently submitted a letter to the Senate Committees on Banking and Agriculture, advocating for robust protections against prosecution. This move comes as the industry anticipates an upcoming bill regulating DeFi activities.