CLARITY Act Sparks Debate Over Onchain Yield Control in DeFi Sector
The CLARITY Act is reportedly becoming a focal point in a debate over the control of yield within the Decentralized Finance (DeFi) space. According to reports, the proposed rules are creating a division between DeFi companies and traditional financial incumbents. The development also raises concerns about potentially pushing yield denominated in U.S. dollars away from onchain platforms and into offshore jurisdictions. The core issue revolves around regulatory clarity and its impact on the evolving landscape of yield generation and distribution within the digital asset ecosystem.
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