According to Mars Finance news, on August 13, Coindesk reported that crypto investment firm a16z and the DeFi Education Fund are petitioning the U.S. Securities and Exchange Commission (SEC) for a regulatory safe harbor for websites and applications used to access DeFi projects, aiming to seek protection for decentralized finance (DeFi) websites and mobile applications. This application, submitted jointly with the DeFi Education Fund on Wednesday, comes as the White House and SEC Chairman Paul Atkins are increasing their support for DeFi, encouraging this cryptocurrency segment to develop without the burden of heavy regulation. A recent cryptocurrency report released by the Trump administration included recommendations to exempt 'certain DeFi service providers' from broker-dealer registration requirements. The proposal states: 'The core of the safe harbor guidelines is that only those applications that do not trigger the risks targeted by the (Securities Exchange Act) broker-dealer regulatory regime are eligible for exemption; in such cases, requiring them to register as brokers under the (Securities Exchange Act) is neither necessary nor appropriate.'

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