#CryptoRoundTableRemarks ### SEC Crypto Roundtable 2025: DeFi Regulation Insights

The SEC’s June 11-12, 2025, crypto roundtable explored DeFi’s regulatory future. SEC Chair Atkins noted, “Engineers shouldn’t be held liable for how others use their code,” while Hester Peirce cited, “Code is protected speech under the First Amendment.” Erik Voorhees argued, “Smart contracts are a step function improvement over human regulators.”

Critics highlight decentralization’s transparency but question its equity. Liability may require due diligence standards, and regulation could blend audits with governance.

What regulatory model do you advocate?