An advisory committee for the Commodity Futures Trading Commission voted on Monday to submit a report to the commission calling on the government and industry to work to understand decentralized finance and "advance its responsible and compliant development." 

The CFTC's Technology Advisory Committee voted during a meeting to make recommendations, which some say is the first substantial report on DeFi by a government advisory committee. 

CFTC Commissioner Christy Goldsmith Romero, who sponsors the committee, said the report is meant to "to help inform ongoing policy debates in the U.S. Congress, state legislatures, and regulators including the CFTC," the commissioner said in a statement. 

The report includes recommendations for policymakers such as increasing knowledge …