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Ethereum Giants Unite to Defend $100 Billion Ecosystem from Global Policy Threats

BeInCrypto
Seven major Ethereum protocol teams formed the EPAA to advocate for sound regulation protecting the $100 billion ecosystem.

Summary

Seven established Ethereum protocol teams, including Aragon, Lido Labs Foundation, and the Uniswap Foundation, have formed the Ethereum Protocol Advocacy Alliance (EPAA). This coalition represents a rare unified front among core Ethereum builders who aim to defend the open infrastructure securing over $100 billion in on-chain assets against growing regulatory scrutiny in the US and Europe. The EPAA's goal is to ensure that laws accurately reflect how blockchain systems operate, focusing on four priorities: protecting protocol layer neutrality, advancing on-chain transparency for compliance, preserving innovation flexibility, and upholding global access to permissionless infrastructure. The alliance coordinates with existing advocacy groups, providing technical insight and developer credibility to policymakers who are currently grappling with how to regulate decentralized infrastructure.

(Source:BeInCrypto)