The DeFi Education Fund (@fund_defi) has published a response to U.S. Senate's Digital Asset Market Structure Request for Information (RFI). The document details now non-custodial technology should be treated under the CLARITY Act. Here are some highlights from it 🧵:

"...a non-custodial software provider who does not possess total independent control over user assets is not an intermediary, reaffirming a perspective expressed by the Department of Treasury Financial Crimes Enforcement Network (FinCEN) in their 2019 Guidance."