2026-01-08 23:43:07

The industry's most recent closed-door coordination has attracted attention. Traditional financial institutions and participants in the crypto ecosystem discussed the pending market regulation framework. While both sides have reached some consensus on certain issues, disagreements still exist.

Specifically, a phased breakthrough has been achieved regarding DeFi regulatory exemptions—this is seen by many market participants as a positive signal. However, there are still significant differences in opinions on the definition and constraints of yield-bearing stablecoins. As the infrastructure of Web3 finance, stablecoins' regulatory framework directly impacts the development of the DeFi ecosystem, which also explains why both parties remain cautious on this issue.

The Senate Banking Committee is advancing relevant legislation, which is expected to enter a critical voting stage. This development has a direct impact on policy expectations for the entire crypto market—regardless of the final outcome, market participants should closely monitor subsequent developments.

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DeepRabbitHole

· 19h ago

Stablecoins are still stuck in arguments, this is the real bottleneck. DeFi exemptions have just been broken through, there will definitely be more surprises later. Waiting for the voting results, it feels like another roller coaster ride is coming. Traditional finance and we just can't communicate effectively, it's still a battle of interests. Really, the stablecoin industry can't be clearly defined, so there's no point in discussing anything. Can this closed-door meeting change anything? It's the same old story. The crucial vote... every time it's said like this, but what’s the result?

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GasFeeSurvivor

· 20h ago

The progress on DeFi exemptions has finally made some headway, but the stablecoin issue is still dragging on, really frustrating. Another closed-door meeting has produced results? Feels like every time it's just loud noise with little substance. At this critical moment of the Senate vote, we can only bet... If stablecoin regulation really gets stuck, the entire ecosystem will have a hard time. Compromising on one side and resisting on the other, this is how traditional finance operates. No matter how you spin it, it's all about fighting for pricing power. If DeFi gets exempted, I'll open champagne; if stablecoins are also sorted out, that would be even better. This time, it's truly far-reaching; we must keep a close eye on the Senate's movements.

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NewDAOdreamer

· 01-09 00:11

Is DeFi exemption good news? Not really, everyone is still doing their own thing, and stablecoins are still arguing. The Senate is making a lot of noise, but will it really come to fruition? It feels like we’ll have to wait another six months. The definition of stablecoins is stuck, and that’s a problem since the entire ecosystem depends on it. Traditional finance and us are not on the same page at all; the conflicts of interest are too great. Voting phase so quick? I don’t believe it; it’s probably going to be postponed again.

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OldLeekMaster

· 01-09 00:10

Stablecoins still depend on the Senate's attitude; otherwise, DeFi exemptions are pointless. I'm really worried they'll come up with some new tricks again. Closed-door negotiations? Ha, what consensus can traditional finance reach with us... DeFi exemptions are good, but the key issue is yield-bearing stablecoins. This Senate vote feels like the market will either surge or plummet, with no middle ground. Waiting for the voting results; all previous discussions are just empty talk. Once the exemption issue is resolved, stablecoins will be the real touchstone. Regulatory frameworks, hearing them from the officials, but no one really knows how they will be implemented. Consensus? Basically, it's about each side stepping back, and in the end, it still depends on whether the Senate buys it or not.

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AirdropHuntress

· 01-09 00:09

The implementation of DeFi exemptions is a good sign, but there's still a lot of bickering around stablecoins. Traditional finance just wants to lock in the returns. The Senate vote this time needs to be closely watched; the real test is coming.

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NftBankruptcyClub

· 01-09 00:02

DeFi exemption has finally made some progress, but the stablecoin side is still bickering... It really feels like they’re not on the same page at all. If the Senate vote blows up, I’ll be done. If we can't get the stablecoin regulatory framework sorted out, how do they expect small tokens to make a comeback? Dream on. Closed-door negotiations? Basically, it’s a process of mutual compromise, and no one can really figure out who’s giving in to whom. If this policy really gets implemented, we might have to wait until the Year of the Monkey. The definition of yield-bearing stablecoins is still being debated, these folks are really inefficient. The disagreement is basically everyone sticking to their own side... just see who’s willing to make the first move. Has the DeFi exemption broken the deadlock? Let’s see if it can bounce back. The consensus between both sides is just those two issues; everything else is a problem, so annoying. Once the regulatory framework is announced, the entire ecosystem will have to be reshuffled, feeling a bit anxious.

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StrawberryIce

· 01-08 23:49

Wait, did the DeFi exemption really pass? If it actually gets implemented, I need to take a close look at the details. They're still arguing over stablecoins, just worried that they'll cause some new trouble in the end. The Senate is moving so quickly, is it a good thing or are they about to cause a market crash? Finally, someone is talking about it, better than the previous silence. Can this time really bring about change, or is it just another empty promise? If the exemption actually goes through, the DeFi ecosystem might take off. Will stablecoin regulation become unified? Sounds simple, but how will it be implemented? The crucial vote is coming, we need to keep a close eye on it this week. Reaching a critical stage so quickly is a bit surprising. I've said so much, let's see how the Senate votes in the end.

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LayerZeroJunkie

· 01-08 23:46

Has the DeFi exemption been broken? Now the stablecoin sector probably has to argue again. Traditional finance just wants to control the narrative.

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