SEC Chair Atkins Addresses DeFi Developer Liability Concerns

DeFi developers seeking clarity on liability in the face of potential regulatory scrutiny are finding some reassurance from former SEC Chairman Paul Atkins. In a recent public event titled ‘DeFi and the American Spirit,’ Atkins underscored that developers should not be held responsible for third-party actions utilizing their decentralized protocols. His comments, as discussed by DeFi Education Fund via X, highlight this crucial distinction and offer potential solutions to foster further innovation within the industry.