The DeFi Education Fund and the Digital Chamber of Commerce have jointly requested the U.S. Securities and Exchange Commission (SEC) to initiate a formal rulemaking process for decentralized finance (DeFi). This move aims to transform the SEC's current non-binding guidance into enforceable regulations, providing long-term legal certainty for developers and service providers in the DeFi space. The joint letter emphasizes the need for clear rules that would exclude validators, oracles, RPC providers, and cloud services from being classified as brokers, thereby reducing legal uncertainties. Additionally, it seeks to clarify that non-custodial interfaces offered by exchanges and wallet providers do not require broker-dealer registration, potentially lowering compliance costs and risks. Under the leadership of Chairman Paul Atkins, the SEC has shown openness to digital asset innovation, contrasting with previous restrictive policies. The formal rulemaking process, if initiated, would solidify these temporary allowances into permanent regulations, fostering a more predictable environment for DeFi infrastructure and services.