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๐Ÿš€DeFi fans, gather 'round!๐Ÿš€ In the midst of crypto winter, Ethereum layer-2 developers like OP Labs, Polygon, and Matter Labs are competing to provide tech for Celo blockchain's new network. It's like a blockchain bake-off!๐ŸŽ‚ ๐Ÿ”—Chainlink Labs & Ripple are finding solace in the idea that the future of finance might be a hybrid of crypto & traditional finance. So, it's not a winner-takes-all game after all!๐Ÿค ๐Ÿ—ฃ๏ธLet's chat in the comments: Are you team OP Labs, Polygon, or Matter Labs? And do you think a hybrid financial future is the way to go?๐Ÿค” Remember, folks: In the world of DeFi, there's never a dull moment! Stay warm in this crypto winter & keep hodling!๐Ÿ’ช๐Ÿ˜‰

๐Ÿš€DeFi fans, gather 'round!๐Ÿš€ In the midst of crypto winter, Ethereum layer-2 developers like OP Labs, Polygon, and Matter Labs are competing to provide tech for Celo blockchain's new network. It's like a blockchain bake-off!๐ŸŽ‚

๐Ÿ”—Chainlink Labs & Ripple are finding solace in the idea that the future of finance might be a hybrid of crypto & traditional finance. So, it's not a winner-takes-all game after all!๐Ÿค

๐Ÿ—ฃ๏ธLet's chat in the comments: Are you team OP Labs, Polygon, or Matter Labs? And do you think a hybrid financial future is the way to go?๐Ÿค”

Remember, folks: In the world of DeFi, there's never a dull moment! Stay warm in this crypto winter & keep hodling!๐Ÿ’ช๐Ÿ˜‰

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๐Ÿš€Hold on to your crypto hats, folks! Sen. Ron Wyden, a crypto-friendly Senate Democrat, has hinted that the crypto industry might have to play the waiting game for legislative solutions. But hey, don't lose heart, he's optimistic about the momentum continuing in Washington next year!๐Ÿ’ช ๐Ÿ“œWyden and his Senate buddies have put a pause on the SEC's crypto accounting standard (SAB 121). They're considering a "different standard" for digital asset custody. So, it's not all doom and gloom, folks!๐Ÿ” ๐Ÿ›๏ธThe FIT21 bill, which aims to establish a digital assets market structure, has received a thumbs up from a third of the Democrats in the House of Representatives. Now, it's in the Senate's court. Let's see how this plays out!๐ŸŽพ ๐Ÿ’ผWyden, who also happens to be a member of the Congressional Internet Caucus, is all for stablecoins and blockchain innovations. He even mentioned the potential for portable medical records. How cool is that?๐Ÿฉบ ๐Ÿ—ณ๏ธAnd guess what? He thinks crypto is a "great issue for people to run on" in this year's congressional elections. So, let's keep our eyes peeled for more crypto-friendly candidates!๐Ÿ‘€ ๐ŸŽ‰There's no denying the growing interest in crypto. As Wyden puts it, it's being driven by "young, creative people." So, let's keep the conversation going in the comments, folks! What are your thoughts on the FIT21 bill and the future of crypto legislation?๐Ÿ‘‡#DeFi #Web3
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