Three impending cryptocurrency bills, including the GENIUS Act, could introduce uncertainty for DeFi platforms managing stablecoins, according to Logan Payne, a cryptocurrency lawyer at Winston Strawn Law Firm. Payne highlighted that the GENIUS Act leaves several questions unanswered regarding its impact on DeFi, suggesting that the regulatory landscape will evolve over time to address these uncertainties.
Payne anticipates that additional legislation will be introduced in the coming years to address existing gaps in DeFi regulation. This ongoing legislative activity is expected to gradually clarify the policy environment for decentralized finance platforms.
Upcoming Cryptocurrency Bills May Impact DeFi Stablecoin Handling
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