Wall Street Wants A Fully Controlled DeFi

Imagine waking up to find your crypto exchange account frozen. Not because of a court order, but because a government algorithm flagged your wallet address as suspicious. It sounds like a dystopian central bank digital currency nightmare.But on the 9th of March, the US Treasury officially asked Congress for the legal authority to do exactly that. They are requesting a statutory safe harbor to freeze digital assets without a warrant, targeting a stable coin market that currently holds over $262 billion in sy ...