PANews reported on January 13th that, according to Solid Intel, the Solana Policy Institute sent a letter to the U.S. Securities and Exchange Commission (SEC), advocating for a clear distinction between centralized trading platforms and decentralized, non-custodial DeFi software, emphasizing that developers should not be treated as intermediaries for regulation. This move aims to secure regulatory exemptions for open-source DeFi projects and prevent technology developers from assuming the obligations of financial intermediaries.