Guavy Logo
Guavy AI Editorial TeamSentiment: 2.5Clout: 58

DeFi Regulatory Shift Creates Favorable Environment for Blockchain Projects

A US-based advocacy group, the DeFi Education Fund, has submitted an argument to the UK Financial Conduct Authority (FCA) on regulatory treatment for decentralized finance protocol developers.

The fund advocates for distinguishing between custodial entities that hold user assets and non-custodial infrastructure developers. This distinction is crucial as it could lead to a shift in regulation that would favor certain blockchain projects, including Pepeto, which has launched a presale with three DeFi products approaching launch.