Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Magic Eden General Counsel: David Sacks has only 2 years to push for pro-crypto policies

Magic Eden General Counsel: David Sacks has only 2 years to push for pro-crypto policies

CointimeCointime2024/12/29 01:55
By:Cointime

Joe Doll, the chief legal advisor of Magic Eden, recently stated that David Sacks has only two years to push for cryptocurrency-friendly policies before the 2026 midterm elections in the United States. The threat of a government deadlock may stifle regulation, and the current government must push for cryptocurrency-friendly policies while still controlling both houses of Congress. "The majority of seats in the House of Representatives are very weak and likely to flip, as the House of Representatives almost always flips. Therefore, you may encounter a divided government that will settle things within two years. So we have 24 months to push for some important things."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Genius Group Ordered to Sell Bitcoin Holdings

Genius Group must sell 10 BTC due to a court order, slashing its crypto treasury and market cap significantly.Unexpected Setback for Genius GroupMarket Cap Falls Below Bitcoin ReservesConcerns About Stability and Transparency

Coinomedia2025/04/04 14:11
Genius Group Ordered to Sell Bitcoin Holdings

Ethereum Price Sees 4 Straight Red Months

Ethereum has closed four red months in a row, but long-term holders remain hopeful for a rebound.Ethereum’s Tough Streak ContinuesHope on the Horizon for Ethereum Holders

Coinomedia2025/04/04 14:11
Ethereum Price Sees 4 Straight Red Months

Nexchain Emerges as April’s Best ICO: A New Era for Blockchain

Nexchain is committed to facilitating interoperability from one blockchain to the next through artificial intelligence, allowing for cross-chain communication and operational efficienciesConclusion

Coinomedia2025/04/04 14:11
Nexchain Emerges as April’s Best ICO: A New Era for Blockchain

Bitcoin Volatility Expected as U.S. Jobs Report Looms

U.S. jobs data and Powell’s speech today could trigger major Bitcoin volatility. Here’s what to watch.What to Expect from Today’s Market MovesWhy Bitcoin Traders Are Watching Closely

Coinomedia2025/04/04 14:11
Bitcoin Volatility Expected as U.S. Jobs Report Looms