Federal Trade Commission warned over heavy-handed DeFi regulation
From thearmchairtrader.com
Leading advocacy groups from across the US digital asset sector have urged the Federal Trade Commission to adopt a more restrained and technologically informed approach to consumer protection, warning that aggressive enforcement against decentralised systems could weaken security and push innovation offshore. In a joint letter to the FTC, the Crypto Council for Innovation, the Blockchain Association, the DeFi Education Fund and the Solana Policy Institute, organisations representing a broad swathe of the decentralised digital asset ecosystem, called on the regulator to recognise the structural differences between ...
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