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deFusion is an Infra-liquidity staking platform, designed exclusively for users on Viction seeking a secure and smooth staking experience.
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a16z Submits Joint Comment Letter to US SEC: Proposes "Safe Harbor" for DEXs
Odaily News: On September 14, a16z and the DeFi Education Fund (DEF) submitted a proposal to the U.S. Securities and Exchange Commission (SEC), recommending a "safe harbor" from exchange registration requirements for qualifying decentralized exchanges (DEXs) and their front-end applications (DEX Apps). The proposal suggests that qualifying DEXs should possess four characteristics: non-custodial, automated, permissionless, and credibly neutral; DEX Apps should remain non-custodial, display market data based on objective and verifiable parameters, refrain from exercising discretionary control over trade execution, and limit developer activities to specific technical functions.
DEF: Some Senators Submit "Anti-DeFi" Amendments, Potentially Weakening Protections in the CLARITY Act
Eleanor Terrett disclosed that after members of the U.S. Senate Banking Committee submitted over 100 amendments to the CLARITY Act last night, the DeFi Education Fund (DEF) is tracking what it calls "anti-DeFi amendments" among them. It is urging supporters to pressure senators to oppose these amendments before the bill is considered tomorrow.According to DEF, these amendments come from Democratic Senators Catherine Cortez Masto, Andy Kim, Chris Van Hollen, Elizabeth Warren, and Jack Reed. They involve weakening the Blockchain Regulatory Certainty Act (BRCA), limiting protections for non-custodial software developers and DeFi frontends, adjusting tokenization provisions, and expanding BSA/AML obligations for developers and digital asset companies.