#uniswap and a16z Seek to Protect DeFi
In a crucial move for the future of decentralized finance (DeFi), the DeFi Education Fund, backed by giants like a16z crypto and Uniswap, has urged the U.S. Senate to differentiate its regulation.
In response to a proposed law on market structure, the group argues that the legislation should be technologically neutral and distinguish DeFi developers from centralized intermediaries.
This effort seeks to protect innovation in the sector by proposing a regulation that recognizes the unique nature of decentralized protocols and avoids equating code with a financial institution.
