The decentralized finance (DeFi) sector interprets the recent collapse of a controversial cryptocurrency bill, which many consider detrimental to the industry, as a significant victory rather than a setback. This development highlights the resilience and adaptability of the DeFi community, which views the failure of such legislation as an opportunity to further strengthen its position in the financial landscape and promote a more favorable regulatory environment. By successfully opposing this 'bad' bill, DeFi advocates feel empowered to continue their efforts in championing innovation and safeguarding the principles of decentralization and financial inclusion.
source: https://www.coindesk.com/markets/2026/01/15/defi-sees-bad-crypto-bill-s-collapse-as-win-not-setback