
Sneak preview of Senate's unfinished crypto market structure bill shows DeFi protected
A partial and unfinished draft of the U.S. Senate's legislation to regulate crypto reveals some of the important conclusions made on decentralized finance (DeFi), but the circulating document remains silent on other key points, including whether stablecoins should be tied to rewards or yield. The document obtained by CoinDesk, circulating among the industry stakeholders late Monday night, is a portion of the legislation set for a hearing of the Senate Banking Committee later this week. The Senate Banking Committee plans to hold a hearing Thursday allowing lawmakers to debate provisions in the 272-page bill, as well as offer amendments. Senators…








