Yes, it does lack. And 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 it 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? (01:02–01:08)
CLAIM
Asserts that the legal classification of digital assets as securities or commodities is an open question.
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