Senator Cynthia Lummis has introduced a comprehensive bill aimed at providing protections for decentralized finance (DeFi) participants, coinciding with the approaching completion of a broader draft that seeks to establish a more structured regulatory framework for the entire financial market. This legislative effort underscores the growing recognition of the significance of DeFi in the evolving financial landscape and aims to ensure that participants in this innovative sector are safeguarded against potential risks, all while aligning with the ongoing discussions regarding the overall structure and regulation of the financial markets.
source: https://www.coindesk.com/policy/2026/01/12/developer-shields-pitched-in-standalone-bill-as-senate-nears-market-structure-unveiling