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Zag net that Senator Lummis has introduced a new bill specifically focused on DeFi protections. An interesting moment, because at the same time, a broader framework for market structure is being developed.
This isn't just about regulation—it seems they are trying to break through the current monolith of centralized structures and create more room for decentralized finance. That’s quite a significant shift in policy.
What strikes me is that they no longer see DeFi as something they need to completely block, but rather try to integrate it into a broader market structure. Whether that will turn out well, of course, depends on how the details of the proposal look.
The timing is interesting—such policy initiatives can have a real impact on how the market develops in the coming months. Especially for projects active in the DeFi space. Anyone closely following this should keep a close eye on this proposal.