Senator Lummis offers DeFi protections bill as broader market structure draft nears
Senator Cynthia Lummis has introduced a bill aimed at providing protections for decentralized finance (DeFi) platforms as the U.S. Congress approaches a broader framework for cryptocurrency market regulation. The proposed legislation seeks to establish clear guidelines for DeFi operations, ensuring consumer protection while fostering innovation in the sector. Lummis emphasized the importance of a regulatory environment that supports technological advancements while safeguarding investors. The bill comes amid ongoing discussions in Congress regarding comprehensive crypto market structure legislation.
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