DeFi Development Company, known as the 'MSTR of Solana', has filed a $1 billion shelf offering with the SEC, allowing them to issue new securities over time. The firm is pivoting towards Solana by holding and staking SOL tokens, mirroring strategies used by other crypto-focused companies.

The DeFi Education Fund and venture capital firm a16z have urged the SEC to establish a regulatory safe harbor for blockchain applications like Uniswap and Coinbase Wallet. Their proposal aims to clarify broker rules, allowing non-custodial and decentralized applications to operate without the burden of broker-dealer regulations.

U.S. SEC Chairman Paul Atkins announced that the agency is working on an "innovation exemption" to alleviate regulatory burdens on decentralized finance (DeFi) platforms, emphasizing the need for supportive guidance for developers. During the final crypto roundtable, he highlighted the importance of allowing on-chain financial systems to flourish without excessive regulation, while also acknowledging that centralized entities would still be subject to oversight.

A new draft of a major crypto market structure bill in the U.S. Senate proposes establishing a joint advisory committee between the SEC and CFTC to harmonize digital asset regulations. The bill includes protections for DeFi developers, clarifies the treatment of airdrops, and exempts Decentralized Physical Infrastructure Networks from securities laws.