Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill: Jake Chervinsky

Jake Chervinsky, general counsel to Compound Labs, warns that the U.S. Treasury Department aims to "capture" the decentralized finance (DeFi) sector using cryptocurrency provisions included in the infrastructure bill.

Summary

General counsel to Compound Labs, Jake Chervinsky, has warned that the Treasury Department wants to “capture” the DeFi sector through the crypto provisions added to the infrastructure bill.

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