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The Blockchain Association has spoken again. Or, well, they’ve written another letter. 

From the advocacy group that last month brought you a “consensus position” on market structure policy comes a warning to lawmakers on Capitol Hill. 

The choices they have: act, or possibly “cripple DeFi innovation in this country altogether.”

If you don’t remember, there was a proposed rule — finalized under the Biden administration — that would expand the “broker” definition to include software that allows users to access DeFi protocols.

The Blockchain Association says…

Read more on Blockworks