It’s getting real. With Congress’s balance of power shifting, the good times for the crypto industry may be coming to an end.
If Democrats take control of Congress, the policy gains the crypto industry has made in Washington are likely to be scaled back. Not only will crypto-related legislation become harder to pass, but Trump’s crypto businesses will also face a more intense and rigorous wave of scrutiny.
The much-anticipated CLARITY Act has been stalled in the Senate for a while, with the two sides deeply divided. Democrats have already signaled that they want tougher ethics rules, stronger consumer protections, and expanded SEC authority to regulate digital assets.
With the political winds shifting, what’s your outlook for the crypto market over the next two years?
If Democrats take control of Congress, the policy gains the crypto industry has made in Washington are likely to be scaled back. Not only will crypto-related legislation become harder to pass, but Trump’s crypto businesses will also face a more intense and rigorous wave of scrutiny.
The much-anticipated CLARITY Act has been stalled in the Senate for a while, with the two sides deeply divided. Democrats have already signaled that they want tougher ethics rules, stronger consumer protections, and expanded SEC authority to regulate digital assets.
With the political winds shifting, what’s your outlook for the crypto market over the next two years?
