There’s a New DeFi Bill in Congress—What Does That Mean for Crypto Market Structure?
A new DeFi bill has been introduced in Congress, aiming to establish a regulatory framework for decentralized finance. The legislation seeks to clarify the roles of various stakeholders in the crypto market, including developers and users, and to ensure consumer protection. Proponents argue that the bill could foster innovation and attract institutional investment, while critics express concerns about potential overregulation stifling growth. The bill's progress in Congress could significantly impact the future structure and governance of the crypto market.
Read the full article: Decrypt