Numerous cryptocurrency advocacy groups, including CoinCenter, have voiced their strong opposition to a Senate bill that seeks to impose strict regulations on individuals involved in decentralized finance (DeFi). The proposed legislation, known as the Crypto-Asset National Security Enhancement and Enforcement Act (CANSEE), aims to hold DeFi platform operators and major stakeholders accountable for any illicit
Regulation
In a recent interview with Bloomberg, Brad Garlinghouse, the CEO of Ripple, has accused the U.S. Securities and Exchange Commission (SEC) of prioritizing “politics and power” rather than the creation of “sound policy.” Garlinghouse boldly stated that the SEC intentionally created confusion in the cryptocurrency market and used it as a means to assert its
Republican Presidential candidate Ron DeSantis has made a bold declaration that, if elected, he will immediately put an end to the development of central bank digital currency (CBDC). DeSantis argues that a CBDC poses a significant threat to American liberty and should have no place in the country. This article explores DeSantis’ stance on CBDCs,