2026-01-15 03:36:07

A major U.S. exchange has publicly opposed the Senate's proposed market structure bill, citing concerns over its DeFi and stablecoin provisions. The exchange's critique centers on how the draft regulations could impact decentralized finance protocols and stablecoin issuance frameworks. This pushback reflects growing tensions between the crypto industry and lawmakers crafting digital asset legislation. The exchange's formal rejection signals that key market participants view certain regulatory approaches as overly restrictive for emerging blockchain finance sectors. Industry observers note this resistance could shape final legislative language, as policymakers weigh exchange feedback against their broader financial stability objectives.

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AllInDaddy

· 8h ago

Coming back with this again? Exchanges are obviously just afraid of being regulated out of business; DeFi and stablecoins would have no profit at all if they were shut down.

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SignatureVerifier

· 8h ago

ngl, this "opposition" feels performative without actual technical dissection. where's the threat model analysis? which specific provisions have insufficient validation against real attack vectors? smh, they're just posturing without showing their work...

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MetaNomad

· 8h ago

Here it comes again. Do these lawmakers really understand what DeFi is? Just directly kill the stablecoin framework? Wake up, regulatory authorities. --- Exchanges dare to confront the Senate head-on, this time they are really getting desperate... No wonder, if this continues, the crypto world will be played out. --- Basically, it's still a game of interests, seeing who can hold the dominant voice. Anyway, ordinary people can't benefit from this wave of profits. --- It sounds like that old routine of wanting to regulate everything "for safety," but in the end, it kills innovation right at the cradle. --- LOL, market participants say no, but politicians are still self-indulgent. This bill is probably going to be shelved.

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DegenApeSurfer

· 8h ago

Starting to play this game again? The exchange is fighting with the Senate, and DeFi and stablecoins are about to take the blame... Truly unbelievable.

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