Joe's Report to Congress Bashes DeFi

The White House's economic team warns that DeFi proponents failed to learn from history. They point to the Panic of 1907 and the need for central bankers.

Mar 22, 2023

∙ Paid

Editor’s Note: Even as the EU Parliament is preparing to vote on MiCA, Joe Biden’s economic team is continuing to make the case against DeFi, argue that crypto has shown now value and lay the groundwork for FedNow and a CBDC. If you have news of your own drop us a note at “editors@cefiwire.com”.

If you would like to have access to our news, simply send me an email at Sean@CeFiWire.com and I will set you up with a free look or use the attached box.
It’s that simple…

Get a group subscription

Joe's Report to Congress Bashes DeFi

The White House's economic team warns that DeFi proponents failed to learn from history. They point to the Panic of 1907 and the need for central bankers.

This post is for paid subscribers