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1/ CRYPTO POLICY: I’ve been quiet publicly, active privately on the DCCPA and US policy the past couple months. tldr: DCCPA must be significantly amended or paused until next year. Measure twice, cut once. Let's get US crypto policy right. 👇🧵
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Again, question to : Will you support delaying DCCPA to next year so that it can be done right, rather than pushing it through this year where most industry leaders believe it is being done wrong?
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It depends on the final language, as I've said many times. *If* the final language protects DeFi, then I'm strongly in favor of it passing this year. If it doesn't, I'm not. There are a few remaining language chocies that will be *very* relevant for its impact on DeFi.
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But it doesn't really matter what I think, it matters what you guys think, and how effective you guys are at getting your voices heard. FWIW, word is that so far, the CT blowback has rallied *more* support on capitol hill behind regulating DeFi. Hopefully rumors are wrong.
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