Yes, it does lack. And is there. Is there a regulatory framework for stablecoin and stablecoin issuers? There is not and is defi even contemplated by existing law? It is not. And The ambiguous legal classification of digital assets is a security as a commodity? That's an open question. Correct. Okay, so then, Mr. Garrison, your view. What would be the outcome to the digital asset ecosystem if Congress cannot get these gaps filled? (01:03–01:09)
CLAIM
Asserts that the legal classification of digital assets as a security or commodity is ambiguous.
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