The Senate Wants To Make Developers Responsible For DeFi Protocol

There is a bill being talked about in the US Senate that, if it went through, would hold developers of DeFi protocols that exceed $25 million responsible This is tied to an idea being put forth that DeFi applications have to come under the banking laws.

In this video I discuss how this is asinine and shows how out of touch these people in Congress truly are..

▶️ 3Speak