US Crypto Market Structure Bill Threatens to Strangle DeFi—Industry Warns of Collateral Damage
Washington's latest regulatory missile takes dead aim at decentralized finance—and the crypto elite are sounding the alarm.
The DeFi Death Knell?
Industry heavyweights claim the proposed legislation would force decentralized protocols into centralized compliance straitjackets. The bill's broad definitions could classify most DeFi operations as regulated financial institutions—a move critics call 'using a sledgehammer to crack a walnut.'
Innovation vs. Regulation Smackdown
The draft legislation appears to prioritize Wall Street-style oversight over the permissionless ethos of blockchain. One lobbyist quipped: 'They're trying to put seatbelts on motorcycles while letting banks drive tanks through loopholes.'
As the SEC circles like a hawk, DeFi builders face their existential test—adapt to survive or prepare for the regulatory guillotine. Either way, Washington's war on crypto innovation just entered a dangerous new phase.
