Magic Eden legal counsel: David Sacks only has 2 years to push for crypto-friendliness
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2024-12-29 22:32 9,954
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Golden Finance reports that Joe Doll, the general counsel of NFT market Magic Eden, said in an interview that the recently appointed 'artificial intelligence and cryptocurrency czar' David Sacks only has 2 years to promote support for crypto before the 2026 US midterm elections. monetary policy.
Doll believes that the threat of government gridlock could stifle regulation and that the current administration must pursue pro-cryptocurrency policies while still controlling both houses of Congress. "The House majority is very slim and is likely to be reversed, as it almost always is. So you could have a divided government that sets things down in two years. So we have 24 months to push Something important."