When I was at @Uniswap during the peak of  @FTX_Official's power in DC, FTX was pushing for legislation that didn't touch on DeFi.  SBF didn't care about the lack of clarity for DeFi because their plan was to offer "sponsored access" to DeFi through their regulated businesses

To add to this, both regulators and builders ultimately want the same thing - to bring crypto innovation back on US shores. @banamlas is right that full out TradFi lobby advocating for “same risk same rules” makes DeFi products (which are superior in every way to existing infra) https://t.co/yUfHAWpuuB

Alex Palmer

Just saying.

https://x.com/thatalexpalmer/status/1976465295293485513?s=46