Blockchain Association Launches 'Vaults' Workstream to Shape On-Chain Finance Policy

The Blockchain Association has officially launched the 'Vaults' workstream, collaborating with dozens of member organizations including a16z Crypto, Aave, Uniswap, Grayscale, dYdX Foundation, Ethena, Morpho, and Multicoin. The initiative aims to engage with policymakers in Washington regarding on-chain finance infrastructure. By working directly with the SEC, the group intends to provide insights into the operational mechanisms and risk management of Vaults to ensure regulatory frameworks align with technological advancements and maintain U.S. leadership in financial innovation.