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Gate Square New & Returning Creator Rewards are ongoing!
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"Investor Transparency Alliance" runs ads urging viewers to oppose the DeFi-related provisions in the upcoming cryptocurrency market structure bill.
According to crypto journalist Eleanor Terrett, the newly launched advocacy organization "Investor Transparency Alliance" is airing ads on Fox News during prime time, calling on viewers to oppose the DeFi-related provisions in the upcoming cryptocurrency market structure bill.
With only one week left before the Senate committee votes on the bill next week, the DeFi provisions have become one of the most contentious topics among lawmakers, traditional financial institutions (TradFi), and the cryptocurrency industry.
Currently, the specific wording of the provisions has not been finalized, but the Senate Banking Committee will release the draft bill text responsible for drafting the bill before Thursday's bill review meeting, at which point the relevant details may be finalized.