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DEF jointly writes to the U.S. Senate, calling for protection of blockchain developers and non-hosted service providers
According to Foresight News, DeFi Education Fund and 115 crypto-builders, investors and advocates jointly submitted a joint letter to the Senate Banking Committee and the Agriculture Committee, calling for protections for software developers and non-custodial service providers in market structure legislation, emphasizing that no such protection can be supported by any market structure-related bills. The letter pointed out that with the formulation of US digital asset laws, legislation needs to recognize and protect the historic rights of open source software development, ensure that developers and non-custodial service providers will not be classified into the regulatory framework of traditional intermediary finance for building decentralized networks, and be exempted from being regulated solely for creating, developing, publishing and maintaining blockchain networks or providing user access interfaces (user-managed funds), and preventing them from being misclassified as currency transmission services due to non-intermediary behavior. Regulatory uncertainty has caused the share of open source software developers in the United States to drop from 25% in 2021 to 18% in 2025.
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