U.S. House of Representatives to Vote on Three Cryptocurrency Bills as DeFi Community Secures Safeguard Provisions
Foresight News reports, according to CryptoInAmerica, that the U.S. House of Representatives plans to vote on three major cryptocurrency bills during "Crypto Week," including the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act.
Among them, the CLARITY Act has recently sparked controversy, with the DeFi community accusing the CME Group of attempting to protect its dominance in the futures market by amending the bill's provisions and restricting the development of decentralized trading protocols. Thanks to active lobbying by organizations such as the DeFi Education Fund, lawmakers have reinstated key provisions that protect decentralized developers. Meanwhile, the Senate will also release its market structure discussion draft and hold hearings focused on federal regulation of digital commodities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
