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May 19, 2023

🏛️Emmer Floats Securities Clarity Act

The Defiant

DeFi Alpha

GM Defiers!

Republican congressman Tom Emmer has introduced the Securities Clarity Act, just days after the EU approved MiCA. Meanwhile, Ripple has launched a CBDC platform and wants to integrate the assets with DeFi. A new liquidity mechanism called Lotus has been gaining attention with its unique tokenomics and inspiring numerous forks. Finally, Anchorage Digital, a major crypto custodian, now enables institutions to participate in DAO governance by integrating support for Snapshot voting.

✍️ In today’s newsletter:

  • New bill seeks to provide clear guidelines for US crypto industry
  • Ripple wants to bring CBDCs to DeFi
  • Lotus token design spawns wave of forks
  • Anchorage Digital enables Snapshot voting for institutional token holders

🙏Sponsored:

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🎬 WATCH

Watch our video on deflationary ETH as Ultra Sound Money. And check out our podcast with Mihailo Bjelic, the co-founder of Polygon.