Subtitle
Senator Cathie Lummis is one of the most influential politicians in the field of cryptocurrencies and blockchain in the US. Her statements about the new bill regulating the structure of the cryptocurrency market are of great importance, as this document may have a significant impact on the development of the digital asset industry not only in America, but also around the world.
Bill Details
According to Lummis, the main obstacle to the passage of the bill was the issue of stablecoin yield. The senator expressed confidence that this problem has already been resolved, and the provision on decentralized finance (DeFi) has also been 'put to bed'.
Lummis said that this time they are 'so close' to passing the bill, which should streamline the structure of the rapidly growing US cryptocurrency market. This means that the bill is likely to be passed in the near future.
Expert Opinion
The adoption of this bill could indeed be an important step towards the legitimization of the crypto industry in the US. Regulation of this area is necessary to protect investors and promote further development of technologies. However, it is important to find a balance between the necessary control and preserving the innovative potential of cryptocurrencies and DeFi.