#CryptoRoundTableRemarks
The recent SEC crypto roundtable raised crucial points about the intersection of DeFi, regulation, and the role of developers. Here’s my take on the remarks made:
Liability for Code Use:
SEC Chair Gary Gensler's statement that engineers shouldn't be held liable for how others use their code aligns with the principles of open-source development. Developers create tools that can be used for various purposes, and holding them accountable for every action taken by users could stifle innovation. Just as we don't hold software developers responsible for how their products are utilized, the same logic should apply to DeFi.