At the last roundtable on cryptocurrency, SEC leaders expressed their views on DeFi, code, and regulation:

• SEC Chair Atkins: “Engineers should not be held responsible for how others use their code.”

• Hester Peirce: “Code is protected speech under the First Amendment.”

• Eric Vorhees: “Smart contracts are a step forward in enhancing over human regulators.”

• Others argued that decentralization is not lawlessness — it is transparent, predictable, and user-oriented.

💬 What are your thoughts on these comments? Should DeFi developers be protected like open-source builders — or be held accountable like financial intermediaries? How should regulation evolve as finance becomes more coded?

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