TechFlame News — The DeFi Education Fund, alongside the Digital Chamber of Commerce and several other crypto advocacy groups, has formally sent a joint letter to the U.S. Securities and Exchange Commission (SEC), requesting the initiation of a formal DeFi rulemaking process building on recent statements. Previously, the SEC’s Division of Markets and Trading made it clear that certain software user interfaces used for trading cryptocurrencies do not need to register as broker-dealers, effectively giving the green light to such activities. The joint letter urges the SEC to adopt notice-and-comment rulemaking to solidify these principles into an objective and clear framework, defining what specific activities fall under the definition of a “broker,” while explicitly excluding infrastructure service providers such as validators, API and RPC providers, oracles, and cloud services. This would provide developers with long-term legal certainty and reduce reliance on temporary guidance. Under the leadership of current Chair Paul Atkins, the SEC has adopted a proactive and open stance toward digital asset innovation—a stark contrast to the crackdown approach of the previous administration—and industry players have played an important role in shaping the regulatory landscape.