Political Action Committee Defend Devs PAC established to protect cryptocurrency developers
According to Foresight News, as reported by crypto journalist Eleanor Terrett, a new political action committee called Defend Developers PAC was established on June 3, focusing on supporting US crypto developers, DeFi builders, and blockchain technology experts. The PAC claims to be the first political organization dedicated to advocating for legal protections for blockchain software and decentralized technology developers.
The PAC plans to raise and spend more than a six-figure sum in the midterm elections, with funding mainly coming from crypto founders and executives who have a vested interest in the future of DeFi regulation.
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