a16z & DeFi Education Fund Propose “Safe Harbor” for Blockchain Apps
The post a16z & DeFi Education Fund Propose “Safe Harbor” for Blockchain Apps appeared on BitcoinEthereumNews.com.
The post a16z & DeFi Education Fund Propose “Safe Harbor” for Blockchain Apps appeared first on Coinpedia Fintech News Andreessen Horowitz (a16z), a major venture capital firm, has spent years helping its portfolio companies sail through complex U.S. regulations. It is now writing to the SEC to ask for clear rules so that DeFi platforms can grow safely without getting caught up in securities law issues. The Safe Harbour Proposal On Wednesday, a16z and the DeFi Education Fund put forward a proposal to the SEC, seeking regulatory relief for certain blockchain apps. It suggests a “safe harbor” for certain decentralized apps, ensuring that broker registration rules fit the realities of blockchain systems. According to the proposal, to qualify, an app must not hold user funds, exercise control over transactions, provide investment advice, or solicit investments, and it should operate only on blockchain networks that are fully decentralized, autonomous, and non-custodial. A16z points out that most apps are non-custodial, passive software tools that allow users to interact directly with a public, decentralized network and protocol infrastructure. If an app meets these criteria, it does not function like a traditional broker and avoids the typical legal risks. It simply allows users to execute transactions automatically and transparently, and should generally be considered exempt from broker registration. Clear Rules for Developers and DeFi Innovation The letter claims that the “safe harbor” would give clear rules for developers, while letting the SEC still oversee risky activities. This would ensure that creators can build in the U.S. without worrying about outdated laws being wrongly applied to modern software. SEC Embraces Crypto-Friendly Shift The push for “safe harbor” comes as the SEC shifts toward a more crypto-friendly stance. Previously, the agency had signaled that apps like Coinbase Wallet, Uniswap, and OpenSea might need to register as…
Filed under: News - @ August 13, 2025 1:30 pm