Senators have submitted over 100 amendments ahead of tomorrow's Senate Banking Committee markup (deliberation and vote) on the Clarity Act, Eleanor Terrett reported. Some of these amendments included content that could negatively impact DeFi (decentralized finance), such as expanding software developer liability, regulating DeFi front-ends, and extending Anti-Money Laundering (AML) obligations. In response, the DeFi Education Fund (DEF) is urging urgent lobbying efforts, as the future of the U.S. DeFi ecosystem hangs in the balance depending on the legislative outcome.
