Lawmaker Proposes Defi Bill, Calls it Key for Future Markets

Congressman Warren Davidson has put forward the Evaluating Defi Opportunities Act aimed at promoting data-informed regulations for decentralized finance (defi). He emphasized the necessity of protecting innovation and user privacy while tackling issues related to possible excessive regulation. This initiative, backed by major financial regulators, aims to find a balance between the expansion of defi and appropriate oversight, ensuring the sector’s competitive advantage and robustness […]