Uniswap & a16z Sound Alarm: Senate Must Rethink DeFi Rules Before Innovation Bleeds Out
DeFi's heavyweights are drawing battle lines in Washington. Uniswap and Andreessen Horowitz (a16z) just fired a warning shot at Senate regulators—push too hard, and you'll strangle the golden goose of crypto innovation.
The Backroom Rebellion
Insiders whisper the lobbying blitz exposes a widening rift: bureaucrats clinging to 20th-century frameworks versus builders coding the financial system of tomorrow. The subtext? Legacy finance’s playbook—layer on compliance until competitors suffocate—won’t fly here.
Code vs. Congress
At stake: whether decentralized protocols get judged as tech (like TCP/IP) or forced into the same regulatory straitjacket as Wall Street banks. Spoiler alert—one approach fuels global dominance, the other hands the advantage to offshore jurisdictions laughing all the way to the blockchain.
Funny how banks suddenly care about 'consumer protection' when their 30% spreads face automated market makers. The closing argument? Regulate DeFi like the internet—not like Lehman Brothers.
