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Articlestellar.orgStellar Development Foundation3y ago

Stellar Spotlighted on Capitol Hill

SDF CEO Denelle Dixon testified before the U.S. Senate on the Digital Commodities Consumer Protection Act, emphasizing Stellar's role in financial inclusion for the 2 billion unbanked people globally and calling for regulatory clarity to unlock blockchain's potential.

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Denelle Dixon, CEO of the Stellar Development Foundation, testified before the Senate Committee on Agriculture, Nutrition, and Forestry regarding the Digital Commodities Consumer Protection Act (DCCPA), which would grant the CFTC authority over digital commodities. Dixon highlighted Stellar's real-world use cases for financial inclusion, noting that nearly 2 billion people rely on cash and need secure, affordable ways to convert to digital assets. She emphasized that regulatory clarity is essential for the industry to operate with confidence, protect consumers, and bring blockchain technology to mainstream adoption through partnerships with established financial institutions.

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The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

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