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Analysis: Three Cryptocurrency Bills May Bring Uncertainty to DeFi Stablecoin Handling, More Legislation Expected in Coming Years
Summary: According to sources, Logan Payne, a lawyer at Winston & Strawn law firm specializing in the cryptocurrency field, analyzed the three upcoming cryptocurrency bills and suggested that the GENIUS Act may bring uncertainty to how DeFi platforms handle stablecoins. Regarding how GENIUS will impact DeFi, at least for now, we intentionally left some mysteries unsolved, ...
According to sources, Logan Payne, a lawyer at Winston & Strawn law firm specializing in the cryptocurrency field, analyzed the three upcoming cryptocurrency bills and suggested that the GENIUS Act may bring uncertainty to how DeFi platforms handle stablecoins.
Regarding how GENIUS will impact DeFi, at least for now, we intentionally left some mysteries unsolved, and there will continue to be a lot of uncertainty in the future. However, in the overall policy environment, if this trend continues, over time we will gradually get some answers.
Payne stated that more legislation is expected in the coming years, with regulations being introduced to fill in some gaps in the DeFi sector.
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Link: Analysis: Three Cryptocurrency Bills May Bring Uncertainty to DeFi Stablecoin Handling, More Legislation Expected in Coming Years [Copy]