Regulatory Framework for DeFi - Industry advocates for workable frameworks for DeFi systems like AMMs, instead of traditional regulatory burdens [1] - Industry suggests changing over-prescriptive rules to favor competitive market evolution [1] On-Chain Software and Market Access - Industry emphasizes ensuring on-chain software has a place in U.S markets [2] Protection of Code and Developers - Industry highlights the importance of protecting code and developers [2] - Industry calls for clear lines between regulated intermediaries and non-custodial actors [2]