الحزبان الأمريكيان يدفعان مشروع قانون التشفير: تنظيم DeFi يصبح محور التركيز، مجلس الشيوخ ينتظر التصويت في 15 يناير

【BlockBeats】Just as January began, there’s new movement in the U.S. crypto market regulatory landscape. Bipartisan lawmakers recently held a meeting and reached some consensus on advancing crypto market structure legislation, while also exposing numerous disagreements.

According to key documents formed from the meeting, Democrats’ core demands in the DeFi sector include three aspects: requiring front-end platforms to comply with sanctions requirements, granting the Treasury Department expanded “special measures” authority, and establishing specialized regulatory rules for non-decentralized DeFi. In other words, they want to bring DeFi under a stricter regulatory framework.

Beyond this, Democrats have put forward several key demands. First, adjusting classification standards for crypto assets; second, introducing investor protection clauses for crypto ATMs and consumer protection; third, adding anti-evasion provisions to prevent regulatory arbitrage. Notably, they also want to impose fundraising caps on issuers — individual projects can raise a maximum of $2 billion, while requiring protocol teams to proactively file with the SEC and prove they are not securities.

Currently, there are still many issues requiring further discussion, such as how to regulate stablecoin yields, ethical standards, and conflicts of interest. Republicans are pushing the Senate Banking Committee to review the legislation on January 15. But to be frank, whether the two parties can reach true consensus remains unknown — there are still many unresolved issues, and bipartisan cooperation faces considerable challenges.