U.S. President Trump Urges Passage of Insider Trading Ban Act (proposed federal bill)
The push aims to stop U.S. Congress (federal legislature) members from profiting via insider trading (using non-public information), which analysts say could strengthen market integrity across equities and DeFi (decentralized finance).
Summary
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Terms & Concepts
- DeFi (decentralized finance): Blockchain-based financial services without intermediaries, enabling lending, trading, and yield generation via smart contracts (self-executing blockchain code).