🚨 Senate Democrats’ DeFi Plan: A Crypto Catastrophe? 🚨
The proposal, as juicy as a rotten apple, demands Treasury-approved lists for “high-risk” DeFi protocols and Know Your Customer (KYC) rules for non-custodial wallets. Armstrong, in a post on X (formerly known as Twitter, for those living under a rock), warned this would stifle creativity and send developers scurrying overseas like rats from a sinking ship. 🏃💨


