**Congressional DeFi Debate: A Comedy of Errors and Innovations**
- In a groundbreaking Congressional hearing on DeFi, lawmakers were split like a bad blockchain fork.
- Republicans praised DeFi as the future of finance, with Rep. French Hill envisioning a world where even Canadian PMs can't freeze your funds. 🥶
- Democrats, led by Rep. Brad Sherman, saw DeFi as a playground for tax evaders and criminals.
- Witnesses argued over regulation, with some calling for clearer guidelines and others warning against overreach.
- Crypto lawyer Jake Chervinsky got nostalgic, reminiscing about DeFi's humble beginnings.
Stay tuned for more decentralized drama!