DeFi Education Fund Protects Developers: Good News for Innovation! The DeFi Education Fund (DEF)'s request for the UK regulator (FCA) to only impose regulations when there is "sole control" is a very right step. Imagine, if software developers only write source code and are regulated like banks, where would creativity come from? DEF affirms that automated protocols that do not hold custody of assets or block transactions should not be considered financial intermediaries. If this proposal is approved, the DeFi world will have much more room to continue supporting and partnering with investors without fear of being stifled by cumbersome procedures. A transparent environment, where blockchain helps combat financial crime better than traditional systems, is the future we are heading toward. Let’s stay optimistic! $BTC $ETH