The Investor Transparency Alliance is running an advertisement urging viewers to oppose the DeFi-related provisions in the upcoming Crypto Markets Structure Bill.
according to crypto journalist Eleanor Terrett, the newly formed advocacy group "Investor Transparency Alliance" is running ads during prime time on Fox News (@FoxNews), urging viewers to oppose the provisions related to decentralized finance (DeFi) in the upcoming cryptocurrency market structure bill under review. There is only one week left before the Senate committee votes on the bill next week.
The provisions related to decentralized finance have become one of the most contentious parts of the bill among lawmakers, traditional financial institutions (TradFi), and the cryptocurrency industry. Currently, the specific wording of these provisions has not been finalized, but next week, the Senate Banking Committee will release the draft text of the bill it is responsible for before the Thursday bill review meeting, at which point the relevant details may be finalized.
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