DeFi groups jointly wrote to the SEC requesting the development of rules to clarify the regulatory framework.

CoinFeed reported on April 25 that the DeFi Education Fund, along with Aave Labs, Uniswap Labs, Paradigm, Andreessen Horowitz, and other institutions, sent a letter to the U.S. Securities and Exchange Commission (SEC) in response to the recent announcement by the Department of Trading and Markets regarding the registration of brokers with "non-custodial user interfaces" for crypto asset securities.