DeFi advocates urge Senate to adopt new regulatory framework

The DeFi Education Fund urges the Senate Banking Committee to differentiate between DeFi developers and traditional intermediaries, emphasizing innovation as crucial. This regulatory structure seeks long-term support for decentralized finance in line with past legislative efforts.

With Ethereum (ETH) priced at 3,511.19 USD and market dominance of 11.46%, the proposed framework may influence price dynamics and governance in the US DeFi landscape, reflecting cautious anticipation from market participants.

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