Protect the devs šŸ›”ļø

The crypto lobby has strong words for a market structure bill that lacks key protections for crypto devs against criminal liability.

Together with

šŸ“ What you need to know

The crypto lobby has come together in a big way against the Senate Banking Committee’s latest markup of the Senate’s market structure bill for lacking key protections for software developers.

A total of 114 parties signed the letter, including Andreessen Horowitz, Coinbase, DCG, Grayscale, Kraken, Paradigm, Solana Labs, and Uniswap Labs. Numerous lobbying groups endorsed the letter, which was coordinated by the DeFi Education Fund, including the Chamber of Progress—a mainstream tech lobbying group funded in part by Amazon, Apple, Google, and Uber.

ā€œThe leaders of the crypto industry are speaking with one voice on a fundamental principle: public blockchains are neutral infrastructure just like the internet, roads, or bridges,ā€ Miller Whitehouse-Levine, CEO of the Solana Policy Institute, another co-signer of the letter, said in a a statement shared with Decrypt.

šŸ“Š Myriad Market of the Day

From our partner

Solana finally unlocked for cross-chain swaps.

1inch connects Solana with 12+ EVM networks. That means you get secure swaps, bridge-free, at the best rates.

šŸ˜‚ Meme of the Day

šŸ„‡ Be First to Market With Myriad

Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!

With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

šŸ•µšŸ»ā€ā™€ļø Editor’s Picks

šŸ“š Watch and Learn

Interested in partnering with Decrypt? Find out more here.