Key facts
- A new DeFi-focused Political Action Committee (PAC) has been launched.
- The PAC is named Defend Developers PAC.
- It aims to support lawmakers who protect crypto developers from legal vulnerabilities.
- This comes as elections are approaching.
A new Political Action Committee (PAC) named Defend Developers PAC has emerged with the goal of influencing the political landscape for cryptocurrency developers. The PAC intends to contribute to the campaigns of lawmakers who are committed to shielding crypto developers from potential legal challenges and vulnerabilities. This initiative is particularly timely as the upcoming elections present an opportunity to elect officials who are sympathetic to the crypto industry's concerns.