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1inch legal chief says Clarity Act is ‘very DeFi-friendly’
Congress and federal regulators have spent several years debating how DeFi and other digital-asset activity should be regulated. Now, as the Clarity Act remains pending in the Senate, some industry executives believe lawmakers may be moving toward a middle ground that keeps DeFi alive while formalizing the kinds of safeguards larger platforms already use. In an interview with TheStreet Roundtable, Orest Gavryliak, chief legal officer at 1inch, said that the Clarity Act does exactly that. “The common message that they're sending to us is that actually Clarity Act is very crypto-friendly, DeFi friendly," ... (full story)
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