Magic Eden General Counsel Joe Doll recently said that David Sacks has only 2 years to push for pro-cryptocurrency policies before the 2026 U.S. midterm elections. The threat of a government stalemate could stifle regulation, and the current administration must push for pro-cryptocurrency policies while still controlling both houses of Congress. "The House majority is very slim, and it's very likely to flip, because the House almost always flips. So you could run into a divided government, in 2....
Miles Jennings, general counsel of a16z crypto, said in a post on the X platform that a16z has jointly launched a creator defense fund with OpenSea, Stand With Crypto, etc. a16z will contribute $1 million to work with law firms to provide legal services and advice to artists and creators who face potential government action or simply want to ensure they build NFT projects in a manner that is in legal compliance.
Former SEC General Counsel Ashley Ebersole said in an interview that Trump and Vice President Kamala Harris are expected to have more to say about cryptocurrencies. Trump has already expressed support for bitcoin miners at the Bitcoin 2024 conference and has promised to promote the United States as a global crypto hub. In contrast, Harris' crypto goods...