DeFi shield in Senate crypto bill sparks law-enforcement clash
TL;DR
Law-enforcement groups warn a provision shielding non-custodial DeFi developers from money-transmitter rules could hinder investigations, prompting Democratic pressure for changes even as Republicans defend the measure; the dispute threatens bipartisan momentum for the Blockchain Regulatory Certainty Act as the Senate Banking Committee considers markup.
- Cops vs. crypto clash looms in the Senate Politico
- Opinion | Digital Asset Rules Need Clarity WSJ
- Bessent urges Congress to pass crypto regulation bill Reuters
- Vault: Bank angst rising over stablecoin compromise talks Punchbowl News
- Clarity Act Timeline Update: Hill Signals Senate Progress, Downplays Political Risk TradingView
Want the full story? Read the original reporting
Read on Politico