Defend Developers PAC Advocates for Legal Protections for Blockchain Software Developers

A new political action committee called Defend Developers PAC has been established to advocate for legal protections for blockchain software developers.

The PAC, which was formed on June 3, claims to be the first political organization dedicated to supporting US crypto developers, DeFi builders, and blockchain technology experts.

According to Foresight News, the PAC plans to raise and spend over $100,000 in the midterm elections. Funding for the PAC mainly comes from crypto founders and executives who have a vested interest in the future of DeFi regulation.