TechFlow news: Coinbase CEO Brian Armstrong posted on X (formerly Twitter), stating: "The CFTC should not take enforcement actions against decentralized finance (DeFi) protocols. These are not financial services businesses, and the Commodity Exchange Act is unlikely to apply to them. I hope these DeFi protocols will take these cases to court to set a precedent. Courts have proven willing to uphold the rule of law. The only outcome of the CFTC's actions will be pushing an important industry overseas."




