Market Structure Bill Delivers Unprecedented Safeguards For DeFi Developers, Senator Lummis Confirms
Senator Cynthia Lummis characterized the pending market structure bill as a critical step in providing legal protections for DeFi software developers.
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tl;dr
Senator Cynthia Lummis (R-WY) defended a pending crypto market structure bill, asserting it provides strong legal safeguards for DeFi developers and rebutting claims that the legislation imposes mandatory Know Your Customer (KYC) requirements on open-source software creators.
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CMCynthia M. LummisR-Wyoming
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