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Coin Center and Blockchain Association slam unworkable US Senate DeFi bill

Crypto organizations Coin Center and Blockchain Association have blasted new legislation that would reign in money laundering violations in DeFi, describing the bill as messy and unworkable.

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Bipartisan Bill to Regulate DeFi Sector Is Unconstitutional and Arbitrary – Coin Center & Blockchain Association

Coin Center and Blockchain Association reject decentralized finance bill, citing potential stunting of blockchain technology and free speech.

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Coin Center Slams Messy, Arbitrary, and Unconstitutional Approach of US Senate DeFi Bill

Coin Center Slams Messy, Arbitrary, and Unconstitutional Approach of US Senate DeFi Bill
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Senate DeFi Bill Slammed by Think Tank as ``Messy and ``Unconstitutional``

Senate DeFi Bill Slammed by Think Tank as ``Messy and ``Unconstitutional``
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Coin Center Blasts Messy and Unconstitutional Senate DeFi Bill

Critics say new legislation will grant the U.S. Treasury overbroad authority while violating freedom of speech.

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