🚨 THE GAME HAS CHANGED⚡ The 270-Page Plan that Could Define the Future of Crypto❗
The crypto market is buzzing and it's not just because of Bitcoin ⥱ $BTC ⥱ testing $97,000 again.
Something much bigger is happening behind the scenes in Washington and you need to understand how this affects your wallet. 💸
The detailed text of the new legislation for the crypto market structure in the US has just been released, and #coinbase is already at the forefront of this battle. 🏛️
📜What’s at Stake?
1️⃣ Stablecoin War ⥱ The new proposal suggests banning stablecoin issuers from offering rewards solely for "holding".
The idea is that benefits should come only from transactions. This is a clear move by the banking lobby to prevent the flight of deposits from traditional banks to the crypto ecosystem.
2️⃣ DeFi Under Scrutiny ⥱ The proposal wants the SEC and Treasury to define clear compliance rules for DeFi protocols.
The challenge? To maintain innovation without creating a "mass surveillance" system for peer-to-peer transactions.
3️⃣ Asset Tokenization ⥱ Farsad Shirzad (CPO of Coinbase)
Warned about sections of the proposal that could "stifle" the SEC, hindering the tokenization of stock markets.
A mistake that could be costly for economic efficiency.
🌟 Why Does This Matter to YOU and Me?
We are transitioning from an era of regulatory "attacks" to an era of rule-building. Support is bipartisan, and the movement is led by names like Senator Cynthia Lummis.
If the rules are well-crafted, we will have the clarity needed for mass institutional adoption. If poorly crafted, innovation could be stifled by bureaucracy.
The lingering question ⥱ Do you prefer a fully regulated and "safe" market, or the complete freedom of DeFi as we know it today?
⚠️ @Leandro-Fumao 🗣️ Remember » This is an informative and educational analysis » This is not financial advice » Always do your own research before investing.
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