According to Fortune, a leading decentralized derivatives trading platform has announced the launch of a new policy center in Washington, D.C., focused on advancing the adoption of DeFi in the U.S. Led by renowned crypto legal expert Jake Chervinsky as CEO, the center aims to help policymakers understand decentralized finance technology and develop suitable regulatory frameworks.
Chervinsky highlighted that the current regulatory system, designed in the traditional finance era, struggles to accommodate new decentralized protocols. One of the center's key missions is to establish a legal framework for perpetual contracts to ensure compliant and efficient implementation.
- A donation of platform tokens worth approximately $28 million has been made to support the center's operations
- Founding members include former law firm attorney Brad Bourque and policy expert Salah Ghazzal
- The center is currently hiring for key roles including Chief of Staff, Communications Director, and Government Relations Lead
This move marks a significant step towards mainstream adoption of DeFi, while also offering clearer policy guidance and support for the industry.