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Aave · US Senate · CLARITY Act ·

Stani’s Aave “Uber plan” could turn everyday crypto savers into Washington’s worst political nightmare

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Image by CryptoSlate.

The Senate gave DeFi a policy setback on Sept. 15.

Key facts

Summary

01 Aave’s consumer app adds recovery and authentication services around its self-custodial accounts. 02 Horizon pairs open stablecoin liquidity with issuer checks on tokenized collateral. 03 Wider adoption could strengthen DeFi’s political influence without removing existing regulatory powers. Eastern time, senators rejected cloture on the motion to proceed to H.R. 3633, the CLARITY Act, a federal digital-asset market-structure bill, by 49-50.

Read full article at CryptoSlate →

#US Senate #Aave #CLARITY Act