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I have long been a believer in transparency and open discussion of the future of cryptolaw.
Accordingly, I have obtained a copy of a draft of the notorious DCCPA circulating secretly in D.C. and am hereby making it available to the public. https://t.co/JdyomquQi6
— _gabrielShapir0 (@lex_node) October 19, 2022
Here's a fun one people aren't noticing:
SBF quietly lobbying to get the Digital Commodities Consumer Protection Act (DCCPA) bill passed which gives the CFTC power to kill DeFi but benefits FTX https://t.co/QKSLhxd0zl
— Richard Chen (@richardchen39) October 13, 2022
2) I’m optimistic that the Stabenow-Boozman’s bill will provide customer protection on centralized crypto exchanges without endangering the existence of software, blockchains, validators, DeFi, etc.
If I were convinced I was wrong about that, I would not support it.
— SBF (@SBF_FTX) October 19, 2022
There's been some discussion lately as to how the Stabenow-Boozman bill (DCCPA) affects DeFi. Here's what I said after the Senate Ag hearing on the bill last month. I'm hopeful that it can be amended to treat DeFi fairly, but we'll have to wait and see what the next draft says. https://t.co/lFniA1tybR
— Jake Chervinsky (@jchervinsky) October 19, 2022