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The Senate Wants To Make Developers Responsible For DeFi Protocol

taskmaster4450 3Speak Podcast
taskmaster4450 3Speak Podcast
Episode • Jul 20, 2023

https://3speak.tv/watch?v=taskmaster4450/vsxvqtfz
There is a bill being talked about in the US Senate that, if it went through, would hold developers of DeFi protocols that exceed $25 million responsible This is tied to an idea being put forth that DeFi applications have to come under the banking laws.

In this video I discuss how this is asinine and shows how out of touch these people in Congress truly are..

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