2026-01-10 06:26:59

Senator Tim Scott, Chairman of the U.S. Senate Banking Committee, plans to hold a hearing on the Crypto Market Structure Bill on January 15. According to the negotiation documents, the bill currently faces a significant deadlock—four core issues remain unresolved.

The most controversial among them is the DeFi regulatory framework. Regulators demand that decentralized finance be subjected to the same level of supervision and risk management standards as federally regulated financial institutions in the United States. However, due to DeFi's permissionless and decentralized nature, its fundamental definition, regulatory responsibilities, and specific enforcement issues remain unresolved. This means legislators need to strike a delicate balance between protecting investors and maintaining innovation—an issue far more complex than traditional financial regulation.

From a market perspective, the final form of this bill will directly influence the development direction of the crypto ecosystem, and all market participants are closely watching the negotiation progress.

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AlphaBrain

· 10h ago

DeFi is struggling again, these four issues are really holding things up, it seems like it will be delayed for a few more months. --- Regulators want to apply traditional finance methods to decentralized systems? That logic is kind of funny in itself, how can there be management without intermediaries? --- At the hearing on January 15th, in the end, the big players will call the shots, don't expect any fairness. --- So who exactly defines DeFi? That's the key, once it's defined, it's dead. --- Watching a good show, investor protection versus innovation—it's a choice, and this time the US might just pick sides and fight internally. --- Scott probably has a headache too; DeFi can't be controlled at all, it's doomed to fail over its definition.

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GasWastingMaximalist

· 01-10 06:57

It's the same old DeFi regulation approach, it really makes me laugh. How can it be compared to traditional finance? --- January 15th? Feels like more bickering. This negotiation will be dragged out until the Year of the Horse. --- All four issues are stuck, this bill is probably doomed. --- No licensing, no intermediaries, and still trying to impose federal regulation—pure wishful thinking. --- Regulators just don't understand DeFi; that's an obvious assumption. --- If it really passes, it will be just as hard to implement. The key is how it's finally defined. --- Balancing investor protection and innovation? Haha, in the end, innovation will definitely be cut in half. --- The industry is waiting for this matter to be resolved. It’s really affecting morale.

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LiquidatedTwice

· 01-10 06:54

Is the DeFi regulatory framework still being debated? This is a deadlock; how can it be both permissionless and regulated at the same time... --- Another stalemate. What results can we expect from the hearing on January 15? It feels like it's been predetermined. --- How painful must it be for Tim Scott... trying to protect retail investors on one hand and prevent stifling innovation on the other—it's an impossible mission. --- Basically, the traditional financial system doesn't fit DeFi at all; the two logical frameworks are completely incompatible... --- The key issue is that regulators don't understand. They insist on applying an intermediary model to non-intermediated systems, which only makes things more chaotic. --- Once this bill passes, I feel most projects will have already moved overseas, haha. --- Four issues are blocking progress, so how long will the negotiations last... I bet five dollars that in the end, it will be a compromise solution. --- The entire ecosystem direction depends on this; it really feels like a matter of life and death.

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DataChief

· 01-10 06:52

Another deadlock, this DeFi thing really never ends Wait, do they still want to apply the traditional finance model to DeFi? Laughs The hearing on January 15th, betting 5 bucks, will probably end in discord again If this bill really passes, I don't know how many projects will have to run away

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AirdropHunter420

· 01-10 06:51

Hmm... another deadlock. Can these people really handle DeFi? --- If DeFi is to be shackled by traditional financial frameworks, is it still called DeFi? That's hilarious. --- The hearing on January 15th, betting five bucks, ended without any results. --- Protecting investors and fostering innovation are a "delicate balance," who are they fooling? --- Regulation is just a trap; ultimately, retail investors are the ones who get hurt. --- Tim Scott, wake up. You can't define permissionless finance at all, so stop wasting your time. --- So who exactly will oversee DeFi? That's the real question; it's still a mystery. --- Negotiations and balancing acts again. U.S. politicians just love to drag things out. --- Four issues of deadlock? I see this stalemate lasting a whole year.

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FromMinerToFarmer

· 01-10 06:49

Coming back with this set again? Regulatory authorities still want to apply the traditional financial framework to DeFi—really clueless. See the real moves on January 15th. Anyway, these four major issues are fundamentally irreconcilable. DeFi is about no intermediaries—how do you regulate that? These people haven't even thought it through. If this bill really passes, it feels like half of the ecosystem will cool down. Let's wait and see how Tim Scott spins this lie...

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