Lawyer Urges SEC: DeFi Projects Should be Excluded from CASP Rules

Lawyer Urges SEC: DeFi Projects Should be Excluded from CASP Rules

Editorโ€™s Note (June 27, 2025): Atty. Rafael Padilla, the author of the book โ€œCrypto and the Law,โ€ urged the Philippine Securities and Exchange Commission (PH SEC) to exclude decentralized finance (DeFi) protocols and non-custodial wallets from its newly released Crypto Asset Service Provider (CASP) rules. Padilla on Why DeFi and Non-Custodial Wallets Should be Excluded…