Обе партии США продвигают законопроект о криптовалютах: регулирование DeFi в центре внимания, 15 января Сенат рассмотрит вопрос

【Blockchain Motion】The U.S. crypto market regulatory landscape has seen new developments just as January began. Lawmakers from both parties 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 space include three aspects: requiring front-end platforms to comply with sanctions requirements, granting the Treasury Department expanded “special measures” authority, and establishing dedicated regulatory rules for non-decentralized DeFi. In other words, they aim to bring DeFi under a stricter regulatory framework.

Beyond this, Democrats also put forward several key demands. First, adjust the classification standards for crypto assets; second, introduce investor protection clauses for crypto ATMs and consumer protection; third, add anti-circumvention provisions to prevent regulatory arbitrage. Notably, they also want to set fundraising caps for issuers—a single project can raise no more than $200 million, while requiring protocol developers to proactively file with the SEC and prove they are not securities.

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