A group led by DeFi Education Fund says recent staff guidance on DeFi (decentralized finance) interfaces should move into formal rulemaking to provide longer-term regulatory certainty.
A coalition of more than two dozen crypto firms and advocacy groups, led by DeFi Education Fund, is urging the U.S. Securities and Exchange Commission (U.S. markets regulator) to convert recent guidance on DeFi (decentralized finance) interfaces into formal rulemaking. The group argues that informal statements do not provide sufficient long-term certainty for companies building or operating crypto-related user interfaces. The request highlights a broader industry concern that staff guidance and other nonbinding communications can leave compliance expectations unclear, while formal rulemaking typically creates a more durable and transparent regulatory framework.