CFTC’s tech committee gathered in DC to talk DeFi, here’s what was discussed

DeFi was top of the agenda at the CFTC’s tech committee meeting, with crypto execs giving explanations and discussing the space with the regulator.

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Coin Center and Blockchain Association slam ‘unworkable’ US Senate DeFi bill

Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology.

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DeFi Pioneer Echoes SBF in Call for Tighter Crypto Regulations

The Yearn Finance founder suggested that several cracks have shown in the crypto sector this year, and that regulation is needed to “reign in irresponsible actors.”

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Sam Bankman-Fried Posts Crypto “Norms Manual”

The document provides scenarios where decentralized exchanges would need to take out licenses and do KYC, among other things.

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DeFi needs regulation to drive adoption Web3 exec

Web3 professional Agne Linge said that for broader DeFi adoption, regulations must catch up to make people feel safe. 

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WEF talks DeFi regulation, HKDA stablecoin integrates Chainlink: Finance Redefined

The World Economic Forum has urged policymakers to adopt sandbox-based frameworks to enhance regulatory clarity for DeFi innovations and address key risks.

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Understanding the U.S. Treasury Probe on DeFi’s Money Laundering Risks

US regulators are turning against crypto, and lawmakers could follow suit. Read about what the Treasury thinks of DeFi.

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