DeFi Heavyweights & a16z Demand SEC Safe Harbor for Blockchain Innovation
Crypto's biggest players are drawing battle lines. A coalition of DeFi leaders—backed by VC giant Andreessen Horowitz (a16z)—just dropped a regulatory bombshell: They're pushing the SEC to establish a blockchain 'safe harbor' before the agency strangles innovation in its crib.
Wall Street's Old Guard vs. Code-as-Law
The proposal cuts through the regulatory gray zone that's left blockchain projects vulnerable to enforcement whiplash. No more 'regulation by lawsuit'—these builders want clear rules before the SEC starts treating smart contracts like unregistered securities.
Finance traditionalists are already clutching their pearls. 'But how will we overcharge for custody and settlement?' cried one investment banker between sips of $28 artisanal coffee.
This could be DeFi's make-or-break moment. Either the SEC adapts—or America loses the next evolution of finance to offshore jurisdictions. Again.
