Crypto Lobby Group DEFI Education Fund has been described in the US Senate Banning Committee as to how it plans to regulate the decentralized finance industry after reviewing the draft of its retention discussion on a major crypto market-structure bill.
The reaction signed by the A16Z Crypto, Uniswap Labs, and Paradigm on behalf of the members of the Defi Education Fund (Def) said that the 2025 (RFA) Bill responsible for the Financial Innovation Act should be prepared in a more technique-technical manner, which should be preserved “improperly meaningful meaningful meaningful meanings. “Necessary.”
Vidhan should “address” illegal finance but incorrectly did not put a burden on Defee Innovation, “it added the headry and Katie Brit.
Senate Banking Committee welcomed the response
The Banking Committee requested the response to the Dysian Dropate to help create a 2025 Digital Asset Market Classes Act to promote the difference in the $ 141 billion DEFI industry without compromising consumer protection or financial stability.
Crypto gives a top priority to the deity
The DEF also asked the MPs to update Finnken guidance in the light of Tornado Cash Developer Roman Storm.
“Rules should reflect the technique that includes completely non-custodial, non-controlled software, will not be regulated as a financial institute or financial intermediary.”
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Crypto Lobby Group also asked for federal premission
“Well-revived traditional financial financial institutions by financing or attaching state-level enforcement operations against DEFI developers, for conservation of consumers, to strict comments,” can take advantage of the regulatory landscape for diet in the rules of art, “Art regulations should affect the regulations of the state.
A16Z Crypto submission
The Crypto Arm of A16Z Crypto, Tech-Centenary Enterprise Capital firm A16Z, also presented a separate response to the Senate Banking Committee on Thursday.
The main criticism of the Draft Crypto Bill’s A16Z is that it is reducing the investigation by creating dangerous flaws – essentially through its treatment of “auxiliary property”.
The firm argues that re -defying these assets with major changes is incompatible with the existing use user law, especially hivi testing. This warns that the proposal allows internal sources to take advantage of the public without exemption and take advantage of the dump tokens.
A16Z instead advocates the “Digital Commodity” model with clear decentralization requirements.
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