DeFi Education Fund Calls on UK FCA to Revise Crypto Regulations

The DeFi Education Fund, a prominent advocate for decentralized finance, is urging the UK's Financial Conduct Authority (FCA) to reconsider its proposed regulatory framework for cryptocurrency. They argue that developers of non-custodial protocols should be exempt from intermediary regulations.

This appeal highlights the growing concern within the DeFi community regarding a stringent regulatory environment. The Fund emphasizes that treating non-custodial protocol creators as intermediaries could stifle innovation and hinder the development of decentralized systems.

As the UK pursues a comprehensive approach to crypto regulation, the DeFi Education Fund’s stance reflects a broader demand for a regulatory landscape that fosters innovation while ensuring consumer protection. They advocate for regulations that are conducive to the unique nature of decentralized finance and its underlying technologies.