Galaxy has drawn a comparison between the DeFi provisions within a proposed crypto bill and the surveillance measures enacted under the Patriot Act. According to Galaxy, the new Treasury authorities outlined in a Senate draft could potentially represent the most extensive expansion of surveillance powers since 2001. The comparison highlights concerns within the crypto industry regarding the potential impact of the proposed legislation on privacy and decentralization within the DeFi sector.

Galaxy has drawn a comparison between the DeFi provisions within a proposed crypto bill and the surveillance measures enacted under the Patriot Act. According to Galaxy, the new Treasury authorities outlined in a Senate draft could potentially represent the most extensive expansion of surveillance powers since 2001. The comparison highlights concerns within the crypto industry regarding the potential impact of the proposed legislation on privacy and decentralization within the DeFi sector.