Welcome to Crypto Long & Short, our institutional newsletter. This week, we focus on the need to safeguard the developers of decentralized finance infrastructure. By Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, a nonpartisan, nonprofit organization, we invite you to join us in protecting the technology and infrastructure that makes DeFi valuable. There are key policy objectives worth defending, including software developer protections, which have been a topic of discussion in recent market structure and broader crypto policy talks.
A bipartisan bill, the Promoting Innovation in Blockchain Development Act of 2026, aims to protect software developers from misclassification under criminal code. In another article, Alexis Sirkia, chairman and co-founder of Yellow Network, comments on Ethereum's scaling problem, stating that the rollup model was never going to deliver a unified scale due to its design flaws. He suggests that state channels could be a solution, allowing participants to transact peer-to-peer off-chain, with the base layer serving as the enforcement mechanism.