#加密圆桌讨论 DeFi, Balancing Code and Regulation

Recently, the cryptocurrency roundtable held by the U.S. Securities and Exchange Commission (SEC) has attracted widespread attention, focusing on decentralized finance (DeFi), code responsibility, and regulatory frameworks. With the rapid development of DeFi, the conflicts between its anonymity, open-source characteristics, and the current regulatory system are becoming increasingly prominent, making the balance between innovation and compliance a focal point.

Some viewpoints suggest that DeFi developers should be responsible only for the code, like traditional open-source developers, and should not bear financial regulatory obligations. This argument emphasizes the decentralized nature of technology and believes that excessive regulation may stifle innovation. However, opponents point out that DeFi projects involve user assets and financial risks, and complete detachment from regulation may lead to fraud and market chaos, harming investors' interests.

The SEC's involvement reflects regulatory agencies' concern about the potential risks of DeFi. Possible future solutions may include developing adaptive regulations that both protect investors and allow space for technological development. Developers may need to align with compliance requirements based on code transparency, such as introducing identity verification or risk warning mechanisms.

This discussion marks a transition of the cryptocurrency industry from wild growth to maturity. The future of DeFi depends on the joint effect of technological innovation and regulatory wisdom.