Lawmaker Slams Biden-Harris Approach to DeFi Regulation

During a hearing, House Financial Services Subcommittee Chairman French Hill highlighted the importance of grasping decentralized finance technologies. He criticized the regulatory strategy of the Biden administration and called for Congress to foster ongoing dialogues supporting defi innovation. Hill pointed out that existing regulatory frameworks were designed for a system that depends on centralized intermediaries rather than the decentralized, peer-to-peer […]