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DeFi Education Fund
@fund_defi
Nonpartisan, nonprofit advocating for sound DeFi policy & to protect software developers. DeFi Debrief:
304 Following    17.3K Followers
Follow the @avax summit panel about Clarity Act here 👇
“Dearly beloved, we are gathered here today to mourn a crypto bill called the Clarity Act,” opens @nikhileshde @CoinDesk to audience giggles. Now at @avax summit: powerhouse panel of policy experts!!!! @amandatums @SummerMersinger @_jikim @CodyCarboneDC
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A statement from DEF’s CEO on today’s Clarity Act vote 👇
We @fund_DeFi had the great honor of advocating for DeFi developers and users in the lead up to today's vote on the Clarity Act. DEF's mission is to advocate for good policy for those working on and using decentralized technology, and we take that job seriously - and the work is not done. We are grateful to have had a seat at the table throughout the process, worked closely with members of Congress and their staff, collaborated with so many in the industry, and most of all, to have had the privilege of advocating for software developers who are innovating in ways we couldn't imagine a decade ago. We will continue showing up, pushing for reasonable, tech-neutral policies and supporting the builders creating what comes next. To the members and the staffers who took our calls and pushed for good policy when it was inconvenient to do so: thank you. Some of you fought for developers at moments when there was no reward in it. To everyone across the industry who worked on this alongside us, who helped us understand your work and how the tech functions, and who actually believe in this stuff, you know who you are and you know how we feel about you. Last, but most of all, to the @fund_DeFi team, you are the best team there is. Small but mighty. You worked around the clock to review legislative text from the perspective of protecting developers, most of whom you haven't even met yet. I'm proud to work with you @_ayanadow @glzavatone @jenn_rosenthal @mbernstein6395 @itstaliad
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Whatever happens to CLARITY, I’m grateful for the extraordinary amount of work that went into protecting software developers along the way. Developer liability was never the biggest-dollar issue in this bill. Market structure, securities law, commodities law—those questions understandably consumed most of the oxygen. But developer protections implicated something more fundamental: whether the law can distinguish between the person who builds a tool and the person who uses it to commit a crime. I’m especially grateful to @SenLummis and her staff. They stood up for that principle under enormous pressure and kept fighting for it through every iteration of the bill. Senator Lummis will be sorely missed when she leaves the Senate. And I’m grateful to my colleagues at @bitcoinpolicy, @fund_defi, @coincenter, and especially @valkenburgh, who kept this issue from becoming an afterthought and consistently defended the rights of people who write and publish open-source software. The legislative fight may be ending for now. The legal one is not. That matters well beyond crypto. As software becomes more autonomous, and agentic commerce increasingly blurs the line between tools and traditional intermediaries, one of the defining legal questions of this century will be whether peer-to-peer systems can exist without making the people who build the software responsible for every bad act committed through it. The answer has to be yes. The work continues.
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At 2:15 PM ET today, the Senate will vote on cloture for the Clarity Act. It takes 60 votes to open floor debate. This is a milestone policy moment for American innovation and the future of this industry. You can watch it live here:
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LIVE NOW at @SolanaInstitute Summit: In explaining the new Open Protocol Security Coalition ( @claudijd of @asymmetric_re explains that we are bringing together builders and security experts to help “form a common understanding of what good security looks like."
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DEF’s CEO & CLO @amandatums will take the stage on Monday at @SolanaInstitute’s Washington x Wall Street Summit with security experts: @claudijd @_mwc @NotDeGhost. They’ll unpack what “onchain security” means, how it’s unique, great work being done today, and what’s to come.
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Good policy has three jobs: 1/ Protect developers from liability for how others use their tools 2/ Give users enforceable rights to self-custody and privacy 3/ Keep blockchain's permissionless nature intact through neutral, technology-agnostic rules - @fund_defi
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DEF’s CEO & CLO @amandatums will take the stage on Monday at @SolanaInstitute’s Washington x Wall Street Summit with security experts: @claudijd @_mwc @NotDeGhost. They’ll unpack what “onchain security” means, how it’s unique, great work being done today, and what’s to come.
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@amandatums and I were honored to contribute to the foreword of @WalletConnect’s Report on the State of Policy, Compliance and Regulation and share @fund_defi’s vision for the future of global crypto policy. DeFi can unlock enormous benefits for people around the world. But realizing that potential requires getting the policy right: 1. protecting software developers and their freedom to build, 2. empowering users to control their own assets and access open financial networks, and 3. preserving the permissionless foundations that make blockchain and DeFi possible. The future of finance will be more open, digital, and user-controlled. Our job is to make sure policy enables that future.
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We’re getting closer to the Avalanche Summit New York, and the policy speaker lineup is already looking incredible. There’s a lot happening across digital asset policy right now, from the Clarity Act and SEC and CFTC jurisdiction to stablecoins, tokenization, DeFi, and the future of financial infrastructure. We’re bringing together people who are right in the middle of those conversations for two days in New York. We’ll see you September 16–17. Register now at
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“In a sane and fair world, a noncustodial software developer should never be considered a money transmitter,” says @amandatums in conversation with @Coexisteven 👏
Latest DeFi Debrief is now live! 👉 Treasury's Notice of Proposed Rulemaking implementing Section 3 of GENIUS Act 👉 President Trump on Clarity Act at @WhiteHouse Crypto Summit 👉 @CFTC Innovation Advisory Committee on Crypto, AI, and Prediction Markets ... and more!
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Today, @fund_defi and @SolanaInstitute submitted comments to @FinCENnews on its proposed GENIUS Act customer identification rules. Our main message: CIP obligations should not apply to DeFi, decentralized blockchain infrastructure, or peer-to-peer crypto users. The GENIUS Act should not be implemented in a way that imports the same problems (and unnecessary friction inherent in traditional financial intermediaries) onto decentralized, non-custodial systems. The final rule should preserve clear protections for self-custody, secondary-market activity, validators, protocols, and other non-custodial infrastructure. We will continue to push to ensure GENIUS Act implementation protects decentralized blockchain infrastructure and crypto users.
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Thank you to Chairman @SECPaulSAtkins, Commissioner @HesterPeirce, and the SEC for today’s thoughtful proposal. It is encouraging to see the Commission recognize that blockchain networks can become more decentralized over time, and that this evolution matters under the federal securities laws. This is an important step toward a regulatory framework that better reflects how this technology actually works, and we look forward to future guidance on decentralized networks.
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This week’s DeFi debrief includes updates from the Senate, the White House, CFTC Chairman @MichaelSelig & a notable and quotable from @Sharplink CEO @joechalom. Read it here:
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DEF’s Senior Counsel @_ayanadow is moderating a policy panel about the future of finance this week at Block Voices’ 2026 Thought Leadership Summit, featuring @KyleBligen from @TheDRC_ and NYS Assemblyman @clydevanel👇
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The @GLFOP now supports the Clarity Act! Today's progress didn't happen by accident. It's the result of countless conversations, meaningful engagement, and real changes made to address law enforcement concerns while preserving innovation. Three titles, 25 provisions, numerous thoughtful conversations about how to address illicit finance. Thank you to the Senators, their staffs, and the White House for working together to move this forward.
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The claims made in this blog post are patently false. BPI claims that: “As drafted, the bill would exclude from AML/CFT obligations many DeFi actors who claim decentralization while still exercising meaningful control over, or deriving profits from, the protocol." Sec. 301 of the Senate CLARITY Act addresses exactly this point; it defines "non-decentralized finance trading protocols" and explicitly brings those actors who exercise control over a protocol into the BSA's regulatory perimeter. Anyone who actually read the bill could not make this critique in good faith.
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“The DEF team is honored to play a role in amplifying the amazing cybersecurity expertise that already exists, and we look forward to introducing policymakers to OPSeC team members and resources.” — @amandatums on the OPSeC launch in @TheBlockCo @ForTheWynn_
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Introducing OPSeC: a new industry-wide initiative we're convening in partnership with @_SEAL_Org & @asymmetric_re to improve cybersecurity resilience across blockchain ecosystems & onchain software. Join us to ensure security is at the heart of onchain technology development.
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NOW LIVE: MARKET STRUCTURE MARKUP RECAP This week, the DEF team pulled together a 'Special Edition' of our weekly newsletter, DeFi Debrief. The Senate Banking Committee advanced Clarity Act, and we dig into the substance of the text, highlights, and what's to come. 👇
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