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Today in DeFi - US Advances Crypto Regulation, Quantstamp Charged by SEC, GHO LPing, and more...
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Today in DeFi - US Advances Crypto Regulation, Quantstamp Charged by SEC, GHO LPing, and more...

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Jul 28, 2023
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Today in DeFi - US Advances Crypto Regulation, Quantstamp Charged by SEC, GHO LPing, and more...
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US Advances Crypto Regulation

On Thursday, the โ€œFinancial Innovation and Technology for the 21stย Century Act (FIT21 Act)โ€, a bill that provides a regulatory framework for digital asset and trading service providers, is passed by two House committees (Financial Service & Agriculture) and is now ready for consideration by the full House.

The Clarity for Payments Stablecoin Bill, a bill to better regulate stablecoin issuers, is passed by the Financial Service Committee and will undergo further review.

The US Senate passes the 2024 NDAA amendment, which included a provision that requires new anti-money laundering guidelines, including crypto-focused provisions.

Quantstamp Charged by SEC

Blockchain security firm Quantstamp is charged by SEC for conducting an unregistered ICO. Quantstamp settled without admitting or denying the SECโ€™s charges and will have to pay 3.4m.

Gravita Live on Arbitrum

LST lending protocol Gravita expands to Arbitrum, enabling low-cost borrowing on its LST-backed stablecoin GRAI.

LUSD on Polygon zkEVM

Liquity launches LUSD on Polygon zkEVM.

Avail opEVM

Modular blockchain Avail launches the Optimistic Ethereum Virtual Machine (OpEVM) SDK, allowing devs to build EVM-compatible optimistic rollups.

LPing on GHO, โ€ฆ

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