Patrick Witt Highlights Legislative Progress on DeFi at Ripple’s Swell 2025
Speaking at Ripple’s Swell 2025, Patrick Witt noted that while some senators still struggle to understand DeFi, efforts toward effective regulatory measures are advancing.
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Terms & Concepts
DeFi: Short for decentralized finance, a blockchain-based financial system enabling peer-to-peer transactions without traditional intermediaries like banks.
Ripple’s Swell: An annual conference hosted by Ripple, focusing on blockchain, fintech, and cryptocurrency industry developments.