DeFi Education Fund pfp

DeFi Education Fund

@fund-defi

88 Following
173 Followers
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
end/ As we approach the beginning of a new Congress, establishing certainty around this core issue for DeFi developers and users will remain a core focus of DEF. If you have any questions or want to connect with a member of our team on this issue further please shoot us a DM or reach out to [email protected]
0 reply
0 recast
0 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
4/ Furthermore, the paper argues why it is necessary for Congress to step in and clarify that the BSA is not applicable across the blockchain technology stack and enact something into law in the spirit of Rep. Emmer's Blockchain Regulatory Certainty Act and Rep. Davidson's KYC Act. https://www.congress.gov/bill/118th-congress/house-bill/1747 https://www.congress.gov/bill/118th-congress/house-bill/4841/text#:~:text=To%20prohibit%20Federal%20agencies%20from,use%2C%20and%20for%20other%20purposes
1 reply
0 recast
0 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
3/ In this new paper, DEF investigates the history and design of the BSA, its application to crypto, and explains why software providers and operators across the technology stack are not subject to the BSA.
1 reply
0 recast
0 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
2/ The BSA, a law from the 1970s that is a central instrument in government surveillance of American financial transactions, had no way of foreseeing the rise of the internet and the ability to transact without traditional intermediaries.
1 reply
0 recast
0 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
It’s no secret. The Bank Secrecy Act (BSA) has been a mainstay of policy debates around crypto more broadly in the United States. That is why DEF’s Lizandro Pieper and Gavin Zavatone decided to do a deep dive 🧵 👇 https://www.defieducationfund.org/_files/ugd/84ba66_a568e222f78048e2a8625abb76d3b0fc.pdf
1 reply
2 recasts
3 reactions
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
end/ Lastly, we are incredibly grateful to Kentucky, Nebraska, Tennessee, West Virginia, Iowa, Texas, Mississippi, Montana, Arkansas, Ohio, Kansas, Missouri, Indiana, Utah, Louisiana, South Carolina, Oklahoma, and Florida that brought this action and appreciate the court’s consideration. We will continue to update the community on this case so be sure to be following DEF 🫡
0 reply
1 recast
1 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
4/ DeFi and crypto broadly will make the digital economy more accessible, efficient, interoperable, dependable, and consumer-focused. The SEC currently stands as a barrier to realizing this promise.
1 reply
1 recast
1 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
3/ The complaint also asks the Court to issue an order stopping the SEC “from bringing enforcement actions premised on the failure of digital asset platforms facilitating such secondary transactions to register”
1 reply
1 recast
1 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
2/ The complaint asks the Court to declare: - that a “digital asset transaction is not an investment contract” under the securities laws “if it does not transfer any stake in any enterprise that the seller or anyone else has an obligation to manage for the asset owner’s benefit and share resulting profits”; - that digital asset platforms that facilitate secondary tx that lack those characteristics need not register as securities exchanges, dealers, brokers, or clearing agencies; - that the SEC violated the Administrative Procedure Act by adopting a policy that secondary tx in common digital assets are uniformly “investment contracts,” and platforms that facilitate such tx are securities exchanges, broker-dealers, and clearing agencies subject to registration requirements; and - that the SEC’s refusal to promulgate that policy through notice-and-comment rulemaking violated the APA.
1 reply
1 recast
1 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
We are honored to join Kentucky, Nebraska, and 16 other States, in a lawsuit against the SEC to clarify the law related to digital assets and prevent the SEC from “continuing its unlawful campaign of regulatory overreach” in crypto. 🧵 https://www.defieducationfund.org/_files/ugd/84ba66_02733b093d6e43b79dc222f9f7777f08.pdf
2 replies
3 recasts
8 reactions
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
🚀 Spring 2025 Legal Internship Opportunity 🚀 Are you a law student passionate about the future of DeFi and crypto broadly, and looking to gain hands-on experience? Look no further than DEF's Spring 2025 legal internship 🫡 To apply, please share a resume, cover letter, and transcript to [email protected] Additional details can be found at the link: https://www.defieducationfund.org/_files/ugd/84ba66_2cd01ba2ebe3465483d62a59dcf0a1d5.pdf
0 reply
2 recasts
10 reactions
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
🚨DEF Job Alert 🚨 DEF is looking to hire a Chief of Staff to provide strategic advice and support directly to our CEO, as well as serve as a resource and unifying force across the organization. If you are a seasoned professional, interested in getting involved in DeFi & DeFi policy, and want to work with an incredibly dedicated and talented group of individuals, then this is the opportunity for you. For more information on the role and instructions on how to apply, check out the job description at the link below. https://defieducationfund.org/_files/ugd/84ba66_62bc1043056049958e5407b2c57b08de.pdf
0 reply
3 recasts
11 reactions
Jake Chervinsky pfp
Jake Chervinsky
@jchervinsky
1/ As U.S. regulators continue their war on crypto, many founders are thinking about geofencing as a compliance strategy. It can work, but only if it's done right. That’s why @dbarabander and I wrote this Practical Guide to Geofencing: https://blog.variant.fund/newsletter-legal-regulatory-affairs
1 reply
10 recasts
27 reactions
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
Here is @atuminelli’s opening statement from today’s first ever DeFi hearing.
4 replies
3 recasts
23 reactions
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
On Sept 10th, DEF's @atuminelli's will be will be appearing in front of the House Financial Services' Subcommittee on Digital Assets in their FIRST EVER hearing on DeFi: "Decoding DeFi: Breaking Down the Future of Decentralized Finance" You don't want to miss her insights on the importance and value of DeFi, so be sure to tune in. https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=409331
0 reply
1 recast
4 reactions
Amanda Tuminelli pfp
Amanda Tuminelli
@atuminelli
Today @fund-defi and @blockchainassn filed an amicus brief in support of a challenge to the SEC’s Consolidated Audit Trail (CAT), arguing that the CAT, especially when it pertains to the digital asset sector, “unacceptably undermines privacy and personal freedom.” ICYMI, the CAT is the largest database of securities txs ever created and will include personally identifiable information on every retail brokerage customer in the U.S. Given the SEC’s position that digital asset market participants are exchanges, brokers, and/or dealers, the SEC may force them to comply with CAT reporting requirements. The result, which we warn the court about, is that the CAT could connect personally identifiable user info with wallet addresses, providing the government with more tools to track user financial activity for all time. This info would then be at the disposal of the government, creating unprecedented privacy concerns. https://www.defieducationfund.org/_files/ugd/84ba66_38222aa7b44f4e7392f0b9b22bf82039.pdf
1 reply
10 recasts
28 reactions
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
end/ Work like this requires your support. Please donate via our website or consider purchasing “DeFi People” merchandise so you can look legit while supporting a great cause. https://www.defieducationfund.org/supportus
0 reply
1 recast
1 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
6️⃣ We are immensely grateful to the talented and hardworking team at Edell, Shapiro & Finnan, LLC for serving as our counsel in this matter and to our expert @hudsonjameson.
1 reply
1 recast
1 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
5️⃣ To that end, DEF will dedicate the patent to the public, meaning the patent can never be used as the basis of a lawsuit for patent infringement in the future.
1 reply
1 recast
1 reaction
DeFi Education Fund pfp
DeFi Education Fund
@fund-defi
4️⃣ We began this journey with the primary goal of ensuring that builders were not targeted by those who seek to profit off of innovative technologies used in DeFi. And what we said at the onset remains true today: “patenting technology that is widely used, like oracle technology, is antithetical to the ethos of open source software development.”
1 reply
1 recast
1 reaction