TechFlame News: The DeFi Education Fund, together with Aave Labs, Uniswap Labs, Paradigm, Andreessen Horowitz, and several other organizations, has sent a letter to the U.S. Securities and Exchange Commission (SEC) in response to a recent statement from the Division of Trading and Markets regarding the registration of “non-custodial user interfaces” for crypto asset securities as brokers. The co-signers support the exclusion of “non-custodial user interfaces”—which merely provide technical access while allowing users to manage their own assets—from broker registration. At the same time, they urge the SEC to establish, through formal rulemaking, a clearer and more sustainable definition of “broker” that avoids erroneously classifying neutral software tool providers, validators, RPC/API services, oracles, cloud services, and other infrastructure as brokers. This approach would ensure investor protection while providing long-term legal certainty for blockchain infrastructure innovation. Previously, the SEC’s Division of Trading and Markets indicated that some DeFi trading interfaces would not need to register as brokers, offering policy leeway for relevant applications. Additionally, supporters believe that the new regulations could cover validators, APIs, oracles, and other infrastructure participants. Meanwhile, the CLARITY Act, a piece of U.S. crypto market legislation, remains stalled in the Senate.