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Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation

Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation



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 […]



Source: https://news.bitcoin.com/lawmaker-criticizes-biden-harris-administrations-approach-to-defi-regulation/

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