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Analysis: Three Cryptocurrency Bills Could Bring Uncertainty to DeFi Stablecoin Operations, More Legislation Expected in the Coming Years to Fill the Gaps
BlockBeats News, July 18th, Logan Payne, a lawyer at Winston & Strawn law firm focusing on the cryptocurrency field, analyzed the three cryptocurrency bills to be signed and said that the GENIUS bill may bring uncertainty to how DeFi platforms handle stablecoins.
"How GENIUS will affect DeFi, at least for now, we have deliberately left some mysteries, and there will still be a lot of uncertainty in the future, but in the overall policy environment, if this trend continues, over time, we will gradually get some answers."
Payne stated, "In the coming years, more legislation will be introduced, and some regulations will be enacted to fill in some of the gaps in the DeFi space."
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