According to Rebecca Rettig, the announcement of her co-chairing the Blockchain Association's DeFi Working Group with Uniswap's Jolie Yang coincides with the formation of the first bicameral Congressional Working Group on digital asset regulation. This development, led by Crypto Czar David Sacks and supported by Hester Peirce's Crypto Task Force, signifies an important shift in the regulatory landscape for digital assets. Traders should monitor these regulatory changes closely as they may impact DeFi markets and associated trading strategies.