BTCC
/
BTCC Square
/
Global Cryptocurrency
/
A16z and DeFi Education Fund Propose SEC ‘Safe Harbor’ for DApp Developers
A16z and DeFi Education Fund Propose SEC ‘Safe Harbor’ for DApp Developers
20
2
BTCCSquare news:
Venture capital powerhouse Andreessen Horowitz (a16z) and the DeFi Education Fund (DEF) have jointly urged the SEC to exempt decentralized application developers from broker-dealer regulations. The proposal seeks a SAFE harbor for trading interfaces that interact with blockchains and smart contracts, including DeFi services and NFT marketplaces.
Amanda Tuminelli, DEF’s Executive Director, emphasized the need for regulatory clarity: "Developers deserve clear rules to build without fear of misaligned requirements." The letter targets Commissioner Hester Peirce, advocating for criteria-based jurisdiction similar to recent federal market structure proposals.
By:
