SEC Chairperson: Values such as economic freedom and private property rights are at the heart of DeFi

According to the DeFi Education Fund, the SEC's Crypto Working Group held a roundtable on "DeFi and the American Spirit" today. At the beginning of the roundtable, SEC Chairperson Atkins talked about how decentralized finance (DeFi) fits with American values: "American values of economic freedom, private property rights, and innovation are the core DNA of the decentralized finance (DeFi) movement."
Moreover, the Atkins chairperson stressed that the developers of neutral tools should not be held liable for the actions of third parties: "Engineers should not be subject to federal securities laws just for publishing such software code. As a court has stated, it would be irrational to hold the developers of autonomous cars responsible for a third party's use of the cars for violations or bank robberies - in which case, to quote a court decision, one would not sue the car companies for facilitating violations, but the individuals who committed them."