DeFi Under Fire: Senate's Proposal Sparks Crypto Industry Uproar
Update: 2025-10-10
Description
Is DeFi facing a death sentence in the US? A leaked Senate proposal threatens to regulate nearly everyone in crypto like brokers, potentially stifling innovation and driving development overseas. Experts warn of impossible compliance and a crackdown on legitimate builders, while the industry braces for a major battle over the future of decentralized finance.
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