đ **DeFi Debate Heats Up in Congress!** đ
- On Sep. 10, Congress held its first-ever hearing on decentralized finance (DeFi), led by Congressman French Hill.
- Republicans praised DeFi's potential to revolutionize finance by removing intermediaries, while Democrats raised concerns about its misuse for criminal activities.
- Key voices included Peter Van Valkenburgh from Coin Center, advocating for clear tax guidance, and Mark Hays from Americans for Financial Reform, stressing the need for investor protection.
- Despite the buzz, crypto was notably absent from the recent presidential debate.
What do you think? Share your thoughts below! đŹ