🏛️Crypto Bill Advances Through House Committees
DeFi Alpha
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GM Defiers!
Happy Friday! In a landmark week for cryptocurrency regulations, the House Financial Services and Agriculture Committees have advanced the FIT for the 21st Century Act, marking a crucial stride toward clearer guidelines for the crypto industry.
Despite the Federal Reserve hiking interest rates to the highest level since 2001, global markets have remained buoyant, highlighting their resilience in the face of monetary tightening. Meanwhile, the Bank of Italy has partnered with Polygon on a pilot program aimed at creating a regulated platform for institutional DeFi. Finally, PancakeSwap, a leading decentralized exchange, has launched on zkSync Era.
✍️ In today’s newsletter:
- FIT for the 21st Century Act clears House committees
- Markets shrug off latest rate hike
- Bank of Italy partners with Polygon for institutional DeFi platform
- PancakeSwap deploys on zkSync Era
🎬 WATCH
Watch our guide to finding alpha at crypto conferences. And check out our podcast with Nicolas Liochon, Global Lead for Linea, which is a new zkEVM rollup by Consensys.
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