At the recent U.S. Securities and Exchange Commission (SEC) cryptocurrency roundtable, several key figures shared their views on decentralized finance (DeFi), code, and regulation:

• SEC Chairman Atkins stated: "Engineers should not be held responsible for how others use their code."

• Hester Peirce argued: "Code is protected by the First Amendment and falls under the category of free speech."

• Erik Voorhees said: "Smart contracts represent a leap forward compared to human regulators."

• Others pointed out that decentralization is not lawless—it is transparent, predictable, and user-driven.

 

💬 What do you think of these viewpoints? Should DeFi developers be protected like open-source software developers, or held accountable like financial intermediaries? As finance becomes increasingly reliant on code, how should regulation evolve?

 

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