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https://www.quilibrium.com
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āŖļø cooper š© ā
@cooperray
bill "FIT21" just passed the US House of Representatives. GREAT NEWS. Now for the Senate. /quilibrium is decentralized under FIT21 rules. read more about the "Financial Innovation and Technology for the 21st Century Act" here: https://a16zcrypto.com/posts/article/fit21-why-it-matters-what-to-do
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āŖļø cooper š© ā
@cooperray
and critial hot takes always appreciated by @androidsixteen.eth via @lex-node - will the CFTC be just as maniacal as the SEC here? Will the senate allow the CFTC to really have control? https://warpcast.com/androidsixteen.eth/0xdff93c21
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Cassie Heart
@cassie
The extremely critical piece is that protocols that meet the criteria are effectively left alone. It's exchanges et al that now have some heavy compliance burdens, but properly decentralized networks are much more uninhibited. As a developer on many decentralized projects, this is incredibly refreshing, and the CFTC
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Cassie Heart
@cassie
has shown great restraint when compared to the SEC
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Cassie Heart
@cassie
That being said, still has to pass.
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āŖļø cooper š© ā
@cooperray
truly, let's hope so š for the sake of clarity (finally) peace of mind for developers and users alike a future for the would-be innovators of tomorrow and last but not least - to ensure no unjust burden for decentralized networks to provide us the privacy and autonomy we deserve. thank you for all you do, Cassie
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