Nonpartisan, nonprofit advocating for sound DeFi policy & to protect software developers. DeFi Debrief: https://teapawt.net/t.co/0QCpN3bCWR
Washington, DC
Joined June 2021
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Today, a coalition of 100+ signatories join DEF in sending a letter to Congress.
Software developer protections are a non-negotiable in digital asset market structure legislation. This critical issue unites us — crypto and tech builders, investors, and advocates.
DEF and our fellow amici submitted a brief to the Illinois court, explaining why the Illinois’ Digital Asset Tax Act is unworkable.
Here’s why: defieducationfund.org/def-am…
The U.K.’s Financial Conduct Authority “published CP26/36, *Cryptoasset Perimeter Guidance*, alongside GC26/7, *Decentralised Finance (DeFi)*. Both consultations close Nov. 18, 2026.”
@glzavatone explained that DEF will to advocate for appropriate treatment of DeFi protocols, software developers and infrastructure providers.
@DefiantNews thedefiant.io/news/regulatio…
DeFi Education Fund retweeted
Crypto builders, investors, and policy shops from across the industry all agree that Illinois got its Digital Asset Tax Act wrong.
SPI joined an amicus brief with @fund_defi that explains why: defieducationfund.org/def-am…
Illinois’ Digital Asset Tax Act is Unlawful and Unenforceable
DEF, @a16z, @paradigm, @Uniswap & 14 co-signers joined together to submit an amicus brief supporting @BlockchainAssn, @crypto_council, and @digitalchamber’s challenge to the Illinois’ Digital Asset Tax Act. 👇
DeFi Education Fund retweeted
Crypto builders, investors, and policy shops from across the industry all agree that Illinois got its Digital Asset Tax Act wrong.
We joined an amicus brief with @fund_defi that explains why:
Illinois’ Digital Asset Tax Act is Unlawful and Unenforceable
DEF, @a16z, @paradigm, @Uniswap & 14 co-signers joined together to submit an amicus brief supporting @BlockchainAssn, @crypto_council, and @digitalchamber’s challenge to the Illinois’ Digital Asset Tax Act. 👇
DeFi Education Fund retweeted
When a broad coalition of builders, investors, and policy orgs join together to speak out because a new state law is unlawful and discriminatory >>>
Illinois’ Digital Asset Tax Act is Unlawful and Unenforceable
DEF, @a16z, @paradigm, @Uniswap & 14 co-signers joined together to submit an amicus brief supporting @BlockchainAssn, @crypto_council, and @digitalchamber’s challenge to the Illinois’ Digital Asset Tax Act. 👇
DeFi Education Fund retweeted
Crypto transactions shouldn't be taxed differently just because they happen on a blockchain.
Orca joined @fund_defi, @a16z, @paradigm, @Uniswap, and 13 other co-signers on an amicus brief explaining why Illinois' Digital Asset Tax Act is unlawful.
Illinois’ Digital Asset Tax Act is Unlawful and Unenforceable
DEF, @a16z, @paradigm, @Uniswap & 14 co-signers joined together to submit an amicus brief supporting @BlockchainAssn, @crypto_council, and @digitalchamber’s challenge to the Illinois’ Digital Asset Tax Act. 👇
DeFi Education Fund retweeted
Builders and users need clear and appropriate rules.
That's why Aptos Labs signed on to an amicus brief, led by @fund_defi, @a16z, @paradigm, and @Uniswap, supporting the challenge brought by @BlockchainAssn, @crypto_council, @DigitalChamber, and the Illinois Blockchain Association.
The brief walks the court through how blockchain transactions work and the roles different participants play, and explains how Illinois got its Digital Asset Tax Act wrong.
Illinois’ Digital Asset Tax Act is Unlawful and Unenforceable
DEF, @a16z, @paradigm, @Uniswap & 14 co-signers joined together to submit an amicus brief supporting @BlockchainAssn, @crypto_council, and @digitalchamber’s challenge to the Illinois’ Digital Asset Tax Act. 👇
DeFi Education Fund retweeted
TDC is grateful to @fund_defi for leading this brief and bringing so many voices behind our challenge. We're united; we're not backing down, and we aim to end Illinois' unconstitutional digital asset tax once and for all.
Illinois’ Digital Asset Tax Act is Unlawful and Unenforceable
DEF, @a16z, @paradigm, @Uniswap & 14 co-signers joined together to submit an amicus brief supporting @BlockchainAssn, @crypto_council, and @digitalchamber’s challenge to the Illinois’ Digital Asset Tax Act. 👇
DeFi Education Fund retweeted
Thank you to our fellow amici for joining our brief supporting plaintiffs challenging the Illinois Digital Asset Tax Act: @a16z, @aave, @AptosLabs, @aztecnetwork, @chainlinklabs, @TheDRC_, @DromosLabs, @Figment_io, @HyperliquidPC, @jito_labs, @multicoin, @orca_so, @paradigm, @phantom, @SolanaInstitute, @standwithcrypto and @Uniswap.
The IL Act unfairly singles out crypto transactions and leaves people building tools guessing whether they’re supposed to collect it, and should be struck down.
Illinois’ Digital Asset Tax Act is Unlawful and Unenforceable
DEF, @a16z, @paradigm, @Uniswap & 14 co-signers joined together to submit an amicus brief supporting @BlockchainAssn, @crypto_council, and @digitalchamber’s challenge to the Illinois’ Digital Asset Tax Act. 👇
Illinois’ Digital Asset Tax Act is Unlawful and Unenforceable
DEF, @a16z, @paradigm, @Uniswap & 14 co-signers joined together to submit an amicus brief supporting @BlockchainAssn, @crypto_council, and @digitalchamber’s challenge to the Illinois’ Digital Asset Tax Act. 👇
2.64 million Illinoisans hold digital assets, the fifth-highest total of any state, but the Illinois Digital Asset Tax Act is trying to unfairly discriminate against them. We explained why that's wrong in our amicus brief.
Thank you to our co-signers for supporting this effort: @aave, @AptosLabs, @aztecnetwork, @chainlinklabs, @TheDRC_, @DromosLabs, @Figment_io, @HyperliquidPC, @jito_labs, @multicoin, @orca_so, @phantom, @SolanaInstitute, and @standwithcrypto!
DEF CEO @amandatums tells @Forbes’s @murtuza_merc that crypto market structure legislation must protect developers.
“Strong U.S. crypto rules and regulations should be activities-based and fall on intermediaries who have custody and control of other people’s money”
forbes.com/sites/murtuza-mer…
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DeFi Education Fund retweeted
74% of Americans value financial privacy, according to a survey by @fund_defi. Financial privacy isn't a niche issue. It's a mainstream view the law has ignored for decades, says Cato's @EconWithNick.
ow.ly/qH5y5105AKe
Catch up with this week's DeFi Debrief:
👉 The Central Bank of Ireland published a feedback statement summarizing responses to Discussion Paper 12, its March 5, 2026 paper on distributed ledger technology and tokenization in financial services.
💡Notably, the Bank identified exploring interoperability between permissioned and permissionless networks as a “priority policy focus,” and emphasized that regulated entities remain fully accountable for regulated activities even when relying on decentralized infrastructure over which they may have limited influence.
⏭️ The Central Bank is inviting the public to share views on tokenization at [email protected].
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You can read about the Central Bank of Ireland's recent feedback statement, and much more... here: defieducationfund.substack.c…
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DeFi Education Fund retweeted
What’s a safe harbor? 🤔
When rules for new technology aren’t fully clear, a safe harbor gives builders a defined path forward. They share what they’re building with regulators, stay transparent along the way, and in return get clarity on the rules without being penalized while they figure it out.
Hear more on this week’s episode of Crypto, Explained, available wherever you get your podcasts.
Good news: @UStreasury @FinCENnews and the @federalreserve have withdrawn its proposed CVC travel rule.
Add'l context from DEF's Policy Lead @glzavatone 👇
“As the new Congress settles in, it should carefully consider the divide between public opinion and public policy. If 83 percent of Americans believe the government should need a warrant to access their financial information and 74 percent say they value financial privacy, then financial privacy is not a niche issue. It’s a mainstream view that the law has ignored for decades.”
“The DeFi Education Foundation asked @Ipsos on KnowledgePanel to survey Americans about the state and future of finance. When we looked at the results by party, the party divide never showed up.” — @jenn_rosenthal in @CoinDesk
coindesk.com/opinion/2026/10…
