Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study by key financial regulators seeks to balance defi’s growth with oversight, ensuring the sector’s competitive edge and resilience […]
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Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology.
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A crypto bill that industry advocates previously said would “kill DeFi” has seen an updated draft released online with one commentator saying the U.S. is “finally getting their act together.”
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