Over 100 Crypto Companies Join Forces To Protect DeFi In Market Structure Bill
115 crypto companies, investors, and organizations have come together to urge the US Senate to incorporate explicit protections for open-source software developers and non-custodial service providers in upcoming market structure legislation. This coalition, spearheaded by the DeFi Education Fund, includes high-profile supporters such as Coinbase, a16z crypto, and Ripple, all emphasizing the need for regulatory clarity that fosters innovation rather than stifling it. Historic Letter From Crypto Leaders The letter, signed by 115 key players in the crypto ecosystem, underscores a collective....
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The anticipated crypto market structure bill, or namely the CLARITY Act, designed to provide essential regulatory clarity for digital assets in the United States, is approaching critical dates in the Senate. However, it faces significant complexities related to stablecoin yield, conflicts of interest, and decentralized finance (DeFi). Senate Divided On Crypto Market Structure Bill Legal […]
The Original DeFi Meme Token – HOGE has joined forces with the DeFi Angels to give their project a voice on Capitol Hill as the regulation conversation heats up. It’s no secret that American based blockchain crypto companies are fighting the infrastructure bill in D.C. This bill could create big change in the world of DeFi over the next several years. HOGE is an ERC20 token on the Ethereum blockchain that has a 2% tax on every transfer. Part of that tax is reflected to current holders, and part is burned forever making HOGE a deflationary cryptocurrency asset. Hoge was a....
The unveiling of the anticipated draft of the crypto-centric Market Structure Bill has stirred a wave of reactions and demands for key enhancements from industry stakeholders. Crypto Market Structure Bill Draft Under Scrutiny According to Crypto In America, the long-awaited market structure discussion draft presented by the Senate Agriculture Committee this week has left many in […]
Cardano founder Charles Hoskinson is urging the crypto industry to take a harder look at H.R. 3633, arguing that the market structure bill could lock future US token projects into securities status rather than provide the regulatory clarity its backers promise. His criticism goes beyond process: Hoskinson says the bill, as written, could protect legacy […]
Senator Tim Scott discussed the impact of digital asset legislation and the progress on the highly anticipated crypto market structure bill on Tuesday, revealing that a fresh draft could be ready by the end of the week. Related Reading: PayPal Expands PYUSD Access To 68 New Countries Amid Stablecoin Push Crypto Market Structure Bill Sees […]