5 hours ago

Democrats Propose ‘Restricted List’ for DeFi Protocols in Bill That Could ‘Kill’ Sector

Senate Democrats sent Republicans a counter-proposal permitting Treasury to create a restricted list for DeFi protocols with Know Your Customer rules on crypto frontends, triggering immediate halt to bipartisan negotiations as industry leaders warn it could push innovation offshore.

The post Democrats Propose ‘Restricted List’ for DeFi Protocols in Bill That Could ‘Kill’ Sector appeared first on Cryptonews.

Source: Cryptonews →