CoinScoopa16z and DeFi Education Fund urge SEC to exclude DEXs from exchange registration
a16z and the DeFi Education Fund have submitted a joint proposal to SEC Commissioner Hester Peirce, advocating for a safe harbor that would establish a rebuttable presumption that decentralized exchange protocols and their front-ends do not qualify as exchanges under the Exchange Act. a16z also submitted a separate letter to the SEC on the same day regarding the matter.
Summaries are written by AI from the original article. Not investment advice.