🎉Good news! The Bitcoin Policy Institute, a Bitcoin think tank founded by David Zell and Grant McCarthy, recently launched the Peer-to-Peer Rights Fund, which aims to protect the decentralized nature of Bitcoin. 👊

🔍Zell pointed out that peer-to-peer transactions, especially those using non-custodial and decentralized tools, are under close scrutiny from regulators. These agencies have changed their legal understanding of these transactions, which undoubtedly has a significant impact on the cryptocurrency industry. 😨

📚The fund said that recent legal cases involving Tornado Cash, Samourai Wallet, Uniswap, and MetaMask show that regulators have shifted their attitude towards decentralization and are beginning to treat developers as financial institutions. 😱

🛡️In response to the impact of this broad legal interpretation on the non-custodial crypto environment, the fund will focus on providing resources to help cases that have a significant impact on the crypto industry, aiming to ensure "critical" legal precedents. 👍

🔔The first case it will take on will be the defense of Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill, who are charged with conspiracy to launder money and operate an unlicensed money services business. 🔔

Let’s hope this fund can help safeguard the decentralization of Bitcoin! 🚀