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The landmark US Congressional hearing into decentralised finance (DeFi) took place yesterday, highlighting the stark partisan divide over regulation of the sector. On one side of the political fence, the Democrats are pushing for more regulation and consumer protections around DeFi. While the Republicans are urging a light-touch approach to encourage growth and innovation. …
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First US Congressional DeFi Hearing Reveals Sharp Divide Over Regulatory Framework
The landmark US Congressional hearing into decentralised finance (DeFi) took place yesterday, highlighting the stark partisan divide over regulation of the sector. On one side of the political fence, the Democrats are pushing for more regulation and consumer protections around DeFi. While the Republicans are urging a light-touch approach to encourage growth and innovation. …