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45CRYPTO

Revised CLARITY Act in US targets 'non-decentralized' DeFi operators

⚡ Markets: Creates significant regulatory risk for many existing DeFi projects and their governance tokens. Projects that can prove decentralization may benefit, while those with clear central control points face increased compliance burdens or legal challenges.UNIAAVEDeFi tokens

A revised version of the CLARITY Act has been proposed in the U.S., which would direct regulators to establish criteria for determining whether a DeFi protocol is sufficiently decentralized. Protocols deemed to be controlled by a person or group would be subject to regulation as financial intermediaries.

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