Unmet demands in the DeFi sector threaten to hinder the approval of the new US law

The crypto industry faces a significant challenge: while U.S. senators are advancing the drafting of the market structure law, the key requirements of the decentralized finance sector continue to be overlooked in legislative negotiations, creating an uncertain outlook for its final approval.

The gaps between lawmakers and the crypto industry

The lawmaking process is at a critical stage, but there is an obvious disconnect between what legislators propose and what the DeFi community demands. Decentralized finance protocols need specific regulatory frameworks that recognize their unique characteristics, distinct from traditional financial intermediary platforms. However, these unmet demands are not being adequately incorporated into the text being debated in Capitol Hill.

How omission could influence future legislation

If senators do not address the core concerns of the decentralized finance sector during this window of opportunity, the level of support for the market structure law is likely to decrease significantly among key players in the crypto industry. This lack of alignment could result in a bill that, although approved, lacks the necessary backing to be effectively implemented or to build trust in the digital asset ecosystem.

The unmet demand from the DeFi sector is a decisive factor that lawmakers cannot ignore if they truly seek modern and functional regulation for the crypto industry.