It remains to be seen whether Biden will veto the measure, despite the fact that the independent Government Accountability Office (GAO) said the SEC inappropriately imposed the guidance. However, the important thing here is that sane, bipartisan, crypto rulemaking is possible, despite the opposition of figures like arch crypto skeptic Senator Elizabeth Warren (D-MA).
DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week
The DeFi sector's struggle coincided with a period of lull in the crypto market, with bitcoin (BTC) and DeFi hotbed...