“Congress should enact new legislation to avoid legal pitfalls, but it’s unclear to me whether they actually will,” Baumann added. Gensler, for his part, has stated directly that he doesn’t think crypto needs bespoke legislation or guidance, given his view that everything crypto, bar bitcoin, walks and talks like securities.
Could Bitcoin Become DeFi’s Collateral of Choice? Lombard Finance Says So
December 21, 2024
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