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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."

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