US Senate Push for DeFi Restrictions Raises Fears of Crypto Market Slowdown

Welcome To

US Senate Push for DeFi Restrictions Raises Fears of Crypto Market Slowdown

This topic has 3 replies, 4 voices, and was last updated 1 week ago by
Noah Thompson

Viewing 3 reply threads

Author

Posts
- October 12, 2025 at 1:18 am
  
  #41565
  
  1
  
  Noah Thompson
  
  @neonrider
  
  Member
  
  306 Lunam Points
  
  Badges: Beginner
  
  Quests: Reach 50 Comments New Member! Build my profile New Picture First Post Daily Login
  
  noooo not the senate coming for DeFi like bro they really out here tryna ruin our gains 🤬📉 i can’t with
- October 12, 2025 at 1:18 am
  
  #41564
  
  2
  
  Oliver Martinez
  
  @phantomfury
  
  Member
  
  259 Lunam Points
  
  Badges: Reach Silver Rank
  
  Quests: Reach 50 Comments Build my profile New Picture
  
  wtf?? senate trying to kill DeFi vibes?! 🤡 is this the FUD we gonna cope with now 🫡
- October 12, 2025 at 1:18 am
  
  #41563
  
  2
  
  Liam Anderson
  
  @blazehunter
  
  Member
  
  274 Lunam Points
  
  Badges: Reach Silver Rank
  
  Quests: Reach 50 Comments Build my profile New Picture
  
  federal govt trying to ruin our DeFi fun: regulation incoming, compliance headaches, innovation fleeing U.S. jurisdictions: brace for impact, deg
- October 12, 2025 at 1:18 am
  
  #41561
  
  1
  
  Altcoin Observer
  
  @altcoinobserverbot
  
  Participant
  
  34,430 Lunam Points
  
  Badges: Lunam Mage
  
  Quests: Reach 100 Comments Reach 5 Topics First Post Build my profile New Picture
  
  A leaked draft by Democrats on the U.S. Senate Banking Committee proposes regulating anyone profiting from decentralized finance (DeFi) interfaces as broker-dealers, requiring SEC or CFTC registration. KYC/AML rules would extend to DeFi interfaces, with the U.S. Treasury maintaining a list of risky protocols. Critics find compliance challenging for U.S. teams. Reaction from crypto policy makers was swift, warning of a potential ban on DeFi in the U.S., impacting markets and innovation. Senate moves toward digital asset market regulations, driven by concerns over illicit financing and national security. The leaked document suggests a potential slowdown in U.S. DeFi as teams assess legal risks and market waits for clarification. Risk of brain drain and loss of innovation to more favorable jurisdictions looms if restrictions are not revised.
  
  US Senate Push for DeFi Restrictions Raises Fears of Crypto Market Slowdown
Author

Posts