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DeFi community jointly writes to the SEC requesting the establishment of rules to clarify the regulatory framework

The DeFi Education Fund, along with Aave Labs, Uniswap Labs, Paradigm, Andreessen Horowitz, and other organizations, has sent a letter to the U.S. SEC in response to the recent statement released by the trading and markets division regarding the registration of "non-custodial user interface" brokers for crypto asset securities.The signatories support the statement that the "non-custodial user interface," which only provides a technical entry point and allows users to manage their assets independently, should be excluded from broker registration. They also urge the SEC to establish clearer and more sustainable definitions of "broker" through formal rulemaking, to avoid incorrectly categorizing neutral software tool providers, validators, RPC/API, oracles, cloud services, and other infrastructure under broker regulations. This would provide long-term legal certainty for blockchain infrastructure innovation while ensuring investor protection.Previously, the SEC's trading and markets division indicated that some DeFi trading interfaces do not need to register as brokers, allowing for policy space for related applications. Supporters believe that the new regulations could cover infrastructure participants such as validators, APIs, and oracles. Currently, the U.S. crypto market legislation, the CLARITY Act, is stalled in the Senate.

Tether's associated Super PAC's first advertising expenditure went to Tether's U.S. CEO co-founded company, raising questions about conflicts of interest

According to CoinDesk, documents submitted to the Federal Election Commission (FEC) by the Super Political Action Committee (Super PAC) Fellowship, which is associated with Tether, show that its first expenditure of $300,000 went to Nxum Group, a company co-founded by Tether's U.S. CEO, former Trump administration crypto advisor Bo Hines, along with his father Todd Hines and third-party partners.This expenditure was used to purchase campaign advertisements for Georgia Republican House candidate Clay Fuller, coinciding with Fuller winning a special election to replace Marjorie Taylor Greene as a congressman. Notably, Fellowship did not publicly announce this expenditure nor include Fuller in its public endorsement list.On April 1 of this year, Fellowship appointed Jesse Spiro, Tether's U.S. Vice President of Regulatory Affairs, as the committee chair, officially reactivating its presence in the political arena. When the committee was announced last year, it had received a total funding commitment of $100 million, but its FEC disclosure documents currently show a zero account balance, and related donations have not been made public. Tether International responded that there is no association or regulatory relationship with Fellowship PAC, while Tether U.S. declined to comment.In terms of conflicts of interest, Michael Beckel from the political reform organization Issue One stated that it is not illegal for Super PACs to pay founder-associated companies under U.S. campaign finance rules, provided that services are genuinely rendered and rates are in line with market prices. Fellowship's CFO Mitchell Nobel currently works at Cantor Fitzgerald, which manages Tether's global business assets, and its former chairman is current Commerce Secretary Howard Lutnick.Currently, Fellowship's expenditure scale is still vastly different from that of the leading crypto industry Super PAC Fairshake. Fairshake has invested millions in several primary elections, while the candidates currently supported by Fellowship are almost all deep-red state Republicans.

Gate 13 anniversary early bird boarding plan is launched, answer questions to board and share a prize pool of one million

According to official news, the Gate 13 anniversary celebration event has officially started, with the first stop "Early Bird Boarding Program" now online. The early bird phase activity runs from April 9, 17:00 to April 17, 12:00 (UTC+8). Users can participate in daily quiz challenges to win exclusive tickets, lottery chances, and cabin upgrade qualifications, as well as the opportunity to share a million prize pool.During the event, users who complete all quiz questions for the first time will receive an economy class boarding ticket and one lottery chance. The higher the cabin class, the greater the probability of winning high-value prizes. In addition, users who have boarded can also gain more lottery chances by sharing the event, inviting friends to register and trade, making deposits, spot or contract trading, participating in wealth management, and completing tasks like CandyDrop. Prizes include 13th anniversary merchandise packages, 1g gold tickets, limited edition Red Bull car models, upgrade vouchers, USDT rewards, position experience gold, and fee rebate vouchers.At the same time, during the anniversary celebration, 13 time capsule items will be gradually unlocked. Users who complete the early bird station's first quiz and any lottery task will have the chance to participate in the draw for the 13th anniversary mystery gift after collecting all 13 items.
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