Odaily News The U.S. Commodity Futures Trading Commission (CFTC) Advisory Committee voted on Monday to submit a report to the committee calling for official and industry efforts to understand decentralized finance (DeFi) and promote its responsible and compliant development. . CFTC Commissioner Christy Goldsmith Romero said the report is intended to aid ongoing policy debates in the U.S. Congress, state legislatures and regulatory agencies including the CFTC. The report makes a number of recommendations, including improving understanding of DeFi, enhancing the timeliness and effectiveness of enforcement, and evaluating existing federal and state-level DeFi regulatory frameworks and identifying where regulations need to be expanded to address risks. (The Block)