House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted that current regulatory frameworks were created for a system reliant on centralized intermediaries, not the decentralized, peer-to-peer […]Regulation, Biden, Blockchain, Crypto, Cryptocurrency, decentralized finance, DeFi, Digital Assets, Financial Markets, financial system, Financial Technology, French Hill, Harris, Legislation, Peer-to-peer, RegulatoryRead More
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