Banking Lobby War: DeFi vs. Fox News 🔥

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

An anonymous bunch, Investors For Transparency (ironic name of the year 🏆), splashed cash on Fox News ads days before Senate votes. Viewers were given a hotline to call senators directly. Subtle much? ☎️

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

– Eleanor Terrett (@EleanorTerrett)

Banking Committee Vote: Mystery Group Strikes ⚔️

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 💼).

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! 🚨

Anonymous Campaign Gets Roasted 🔥

Uniswap Labs CEO Hayden Adams called out the irony of Investors For Transparency opposing DeFi while hiding their funding sources. Sneaky, huh? 🕵️‍♂️

Crypto folks are fuming at banking lobbyists. Meanwhile, TD Cowen predicts the bill won’t pass until 2027. Buckle up for the long haul. 🎢

DeFi debate rages on. The banking committee will reveal the final language before the markup. Stay tuned! 🍿

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2026-01-11 07:41