Banking Lobby War: DeFi vs. Fox News ๐Ÿ”ฅ

Anti-DeFi squad drops prime-time bombshells on Fox News ๐ŸŽฅ, urging senators to gut crypto bill. Drama alert!

An anonymous bunch, Investors For Transparency (ironic name of the year ๐Ÿ†), splashed cash on Fox News ads days before Senate votes. Viewers were given a hotline to call senators directly. Subtle much? โ˜Ž๏ธ

“Investors For Transparency” slams DeFi provisions in crypto bill with prime-time ads.

– Eleanor Terrett (@EleanorTerrett)

Banking Committee Vote: Mystery Group Strikes โš”๏ธ

The Senate Banking Committee marked up its CLARITY Act, with Chairman Tim Scott pushing digital asset laws forward. Their goal? Protect Main Street (and maybe their wallets ๐Ÿ’ผ).

Chairman Scott is advancing digital asset market structure legislation.

– U.S. Senate Banking Committee GOP (@BankingGOP)

The ads scream, “No DeFi clauses, please!” Banking lobbyists fear stablecoins might siphon $6.6 trillion from traditional deposits. Panic stations! ๐Ÿšจ

Anonymous Campaign Gets Roasted ๐Ÿ”ฅ

Uniswap Labs CEO Hayden Adams called out the irony of Investors For Transparency opposing DeFi while hiding their funding sources. Sneaky, huh? ๐Ÿ•ต๏ธโ€โ™‚๏ธ

Crypto folks are fuming at banking lobbyists. Meanwhile, TD Cowen predicts the bill wonโ€™t pass until 2027. Buckle up for the long haul. ๐ŸŽข

DeFi debate rages on. The banking committee will reveal the final language before the markup. Stay tuned! ๐Ÿฟ

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2026-01-11 07:41