Analysis: Three Cryptocurrency Bills May Create Uncertainty for DeFi Platforms Handling Stablecoins, with More Legislation Expected in the Coming Years to Fill the Gaps

Odaily Planet Daily News Logan Payne, a lawyer specializing in the cryptocurrency sector at Winston & Strawn, analyzed the three upcoming cryptocurrency bills and stated that the GENIUS Act may introduce uncertainty regarding how DeFi platforms handle stablecoins. “How GENIUS will impact DeFi—at least for now—remains an intentional mystery. There will continue to be many uncertainties in the future, but within the broader policy environment, if this trend continues, we will gradually get some answers over time,” Payne said. “In the coming years, more legislation will be introduced, along with regulations to fill some of the gaps in the DeFi space.” (Cointelegraph)