Democrats File Anti-DeFi Amendments to CLARITY Act

DEF identified 15 amendments to CLARITY targeting DeFi developers, including BRCA rollbacks, criminal liability for code, and ...
JD Supra

US Court Holds DeFi Developer Cannot Be Held Liable for 3d Party Bad Actors; A Week Later, CFTC Suggests Contrary View Over One Commissioner’s Dissent

A developer and financial backers of a renowned decentralized finance protocol cannot be held liable to private litigants for the activities of unrelated bad actors that utilized the protocol to ...
JD Supra

DOJ Refines Illicit Finance Enforcement Approach for DeFi

Our White Collar, Government & Internal Investigations Group reviews several Department of Justice statements that together signal how it will enforce illicit finance risks in decentralized finance ...
Hosted on MSN

Andre Cronje’s Flying Tulip adds withdrawal circuit breaker as DeFi exploits mount

Flying Tulip, a decentralized finance (DeFi) platform founded by DeFi developer Andre Cronje, has added a circuit breaker that can delay or queue withdrawals during abnormal outflows, as April DeFi ...
CoinTelegraph

Lummis says CLARITY Act offers ‘strongest’ developer protections

Crypto lawyer Jake Chervinsky said legislation covering crypto developer protections has been overshadowed by the intense focus on stablecoin yield in the CLARITY Act. US Senator Cynthia Lummis has ...
Finextra

Why interoperability and developer teamwork will make the DeFi dream work

For the better part of the 20th century, the financial world remained largely exclusive to only the upper classes and the wealthiest of people. Yet advancements in technology and social attitudes have ...