Today in DeFi - US Advances Crypto Regulation, Quantstamp Charged by SEC, GHO LPing, and more...
US Advances Crypto Regulation
On Thursday, the βFinancial Innovation and Technology for the 21stΒ Century Act (FIT21 Act)β, 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 SECβs 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, β¦
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