Polygon Labs proposes to classify true DeFi protocols as critical infrastructure and subject to U.S. Treasury oversight

Polygon Labs' legal team has released a conceptual framework document proposing that truly decentralized DeFi protocols be designated as critical infrastructure and overseen by the US Department of the Treasury's Office of Cybersecurity and Critical Infrastructure Protection.The report points out that not all DeFi protocols are truly decentralized and proposes financial regulatory constraints on them. At the same time, it proposes creating a new category of "critical communication conveyors" and separating CeFi or TradFi from independent control. The report emphasizes the urgency of stopping illegal activities and highlights the Treasury Department's mission to promote economic prosperity and ensure US financial security.