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Senate Democrats’ Leaked Crypto Position Would Strangle DeFi, Industry Insiders Say

Language said to be a Democratic proposal on handling decentralized finance in the crypto market structure effort is drawing heavy criticism.

The crypto industry is recoiling from a document reportedly outlining a U.S. Senate Democratic pitch on handling decentralized finance (DeFi) as a component of the wider effort toward regulating crypto in the U.S.
The proposal — a detailed outline de… [2935 chars]

Source: CoinDesk | Published: 2025-10-09T22:34:43Z

Credit: CoinDesk

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