DeFi, DEXs, and Disclosure: The US Crypto Bill’s Bold Agenda
The US crypto Bill establishes clear SEC and CFTC roles—defining which digital assets are securities versus commodities—to eliminate regulatory ambiguity. By exempting DeFi protocols from broker-dealer registration, the bill balances innovation with oversight, enabling decentralized platforms to thrive. African regulators and market participants can use the US legislative framework as a blueprint to craft their…