A House hearing on DeFi highlighted deep divisions between lawmakers. Democrats pushed for stricter regulation to protect consumers from scams, while Republicans advocated for a light-touch approach to encourage innovation. The session, which aimed to examine the potential benefits and dangers of DeFi, saw Rep. Maxine Waters (D-CA) raise alarms over former President Donald Trump […]
The post Congressional hearing on DeFi reveals deep partisan divide over regulatory approach appeared first on CryptoSlate.
Originally appeared here:
Congressional hearing on DeFi reveals deep partisan divide over regulatory approach