🏛️ DeFi Coalition Pushes SEC to Formalize Non-Custodial Interface Ruling
🏛️ DeFi Coalition Pushes SEC to Formalize Non-Custodial Interface Ruling
🔒 SEC clarity incoming

A coalition of 30+ organizations, led by the DeFi Education Fund, has submitted a formal letter to the SEC requesting official rulemaking on non-custodial interfaces.
Key Points:
- The SEC recently acknowledged that non-custodial interfaces are not broker-dealers
- Coalition seeks to cement this recognition through formal regulatory process
- Move aims to provide legal clarity for DeFi protocols and developers
Background: This follows the SEC's June 2025 withdrawal of proposed DeFi regulations from the Gensler era, which had created uncertainty around custody and protocol oversight.
The coalition's letter can be found at: DeFi Education Fund
Formal rulemaking would establish clearer boundaries for DeFi development and reduce regulatory ambiguity.
First: a coalition letter to the SEC led by @fund_defi with 30+ organizations. The SEC recently recognized that non-custodial interfaces aren't broker-dealers. We're asking them to make that stick through formal rulemaking. Letter: defieducationfund.org/docs/executive…
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