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๐Ÿ’Ž DeFi๐ŸŸข BullishImportance 7/10

Blockchain Association urges SEC to treat DeFi as infrastructure, not intermediary: Blockchain Association

The Defiant|DefAInt|
Blockchain Association urges SEC to treat DeFi as infrastructure, not intermediary: Blockchain Association
Image via The Defiant
๐Ÿค–AI Summary

Summer Mersinger from the Blockchain Association testified before a House Financial Services Committee hearing, advocating for DeFi systems to receive specialized regulatory treatment rather than being subject to traditional intermediary-based compliance frameworks. The testimony represents a push for regulatory clarity that distinguishes DeFi infrastructure from conventional financial intermediaries.

Key Takeaways
  • โ†’Blockchain Association advocates for DeFi-specific regulatory framework distinct from traditional intermediary rules.
  • โ†’Summer Mersinger testified before House Financial Services Committee on DeFi regulation.
  • โ†’The association argues DeFi should be treated as infrastructure rather than as financial intermediaries.
  • โ†’Industry groups are actively engaging with Congress to shape DeFi regulatory policy.
  • โ†’The testimony signals ongoing regulatory discussions around how to properly classify and regulate decentralized finance.
Read Original โ†’via The Defiant
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