Why the Crypto Community Might Ditch the U.S. Market Structure Bill Over DeFi Gaps

The world of crypto is buzzing with talk about new U.S. laws. A big bill called the market structure bill aims to bring order to crypto trading. But not everyone is happy. The could still walk away if it fails to meet . DeFi, or decentralized finance, is a key part of crypto. It lets people lend, borrow, and trade without banks. If this bill ignores DeFi, many users might say no.

What is the ?

The is a law proposed in Congress. Its full name is the Financial Innovation and Technology for the 21st Century Act, or FIT21. It passed the House of Representatives in May 2024. Now it waits for the Senate.

This bill tries to fix confusion in crypto rules. Right now, two agencies fight over crypto: the SEC (Securities and Exchange Commission) and…

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