The remark frames the U.S. proposal as potentially distinct from MiCA, which Rebecca Rettig said does not cover decentralized finance.
Rebecca Rettig said the CLARITY Act could become the first major crypto legislation globally to directly address DeFi (decentralized finance services run through blockchain-based protocols). She contrasted the proposal with MiCA, saying, “MiCA doesn’t touch DeFi.” The comment suggests the bill could mark a notable shift in how lawmakers approach decentralized parts of the digital-asset market, an area that many existing frameworks have struggled to fit into traditional regulatory categories.