US Senate Push for DeFi Restrictions Raises Fears of Crypto Market Slowdown
A leaked draft from the US Senate Banking Committee Democrats outlines an aggressive approach to decentralized finance (DeFi), proposing that any person or firm “designing, deploying, operating or profiting from a DeFi front-end” be regulated as a broker and register with the SEC or CFTC. Related Reading: Ripple Execs Meet Luxembourg’s Finance Minister: A Deal […]
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The US Senate Committee on Finance has scheduled a hearing titled “Examining the Taxation of Digital Assets” for Wednesday, October 1, 2025, at 10:00 a.m. Eastern Time, in Room 215 of the Dirksen Senate Office Building. US Senate To Put Crypto Taxes Under The Microscope The panel will hear testimony from industry and tax-policy experts, […]
A broad coalition of crypto builders, investors and advocates has asked two Senate committees for clear federal rules to protect software creators and non-custodial service providers working on blockchain networks. Related Reading: Are Halvings Just Hype? Analyst Claims Bitcoin’s Market Timing Is Different According to the letter, 115 groups signed the appeal to the Senate […]
The Blockchain Association led a broad industry push this week, asking Senate Banking leaders to resist efforts that would widen a ban on stablecoin yields beyond what Congress wrote into law. Related Reading: Coinbase Escalates Regulatory Fight With Lawsuit Against 3 States According to the association, the letter was signed by more than 125 crypto […]
The Ethereum decentralized finance market has undergone a strong rejection over recent weeks. Leading DeFi coins are down 30-80% since the highs they posted in mid August or early September. One analysis by a noted crypto analyst shows that the average DeFi coin, including Ethereum, is down 60.5% since their local highs. Even the best-performer, […]
The Ethereum decentralized finance market has undergone a strong rejection over recent weeks. Leading DeFi coins are down 30-80% since the highs they posted in mid August or early September. One analysis by a noted crypto analyst shows that the average DeFi coin, including Ethereum, is down 60.5% since their local highs. Even the best-performer, […]