Analysis: Three cryptocurrency bills may bring uncertainty to "DeFi platforms handling stablecoins", and more legislation will be introduced in the next few years to fill the gap

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ODAILY
07-18
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Odaily Planet News - Logan Payne, a lawyer from Winston & Strawn law firm focusing on the cryptocurrency field, analyzed three upcoming cryptocurrency bills and stated that the GENIUS bill might bring uncertainty to how DeFi platforms handle stablecoins. "How GENIUS will affect DeFi, at least for now, we deliberately left some unsolved mysteries, and there will still be many uncertainties in the future. However, under the overall policy environment, if this trend continues, we will gradually get some answers over time," Payne said. "In the coming years, more legislation will be introduced, and some regulations will be introduced to fill some gaps in the DeFi field." (Cointelegraph)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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