Protecting the Architecture: The DeFi Exemption 🛡️ A critical victory in the 15-9 tally was the protection of non-custodial software developers. Technical Insight: The Act clarifies that writing and deploying open-source code does not constitute "broker-dealer" activity. The takeaway: This ensures that the foundational layer of Web3—decentralized protocols—can continue to be built within the US without the burden of bank-like compliance for non-custodial actors.$BTC #CLARITYActClears15to9