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What Happened in the First Ever Congressional DeFi Hearing

The Breakdown

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Debating DeFi: Regulatory Challenges and Financial Privacy

This chapter covers the inaugural congressional hearing on decentralized finance (DeFi), where lawmakers engaged in discussions about tax evasion, developer liability, and regulatory balance. The session highlighted the complexities of crafting effective DeFi policy while maintaining financial privacy and acknowledged the technology's significance in today's financial ecosystem.

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