Following the achievement of a Republican Senate and a pro-crypto stance by the White House, cryptocurrency companies are gearing up to lobby for changes in the SEC's approach to cryptocurrency regulation.
These firms are eager to see reforms that could potentially move cryptocurrency matters out of the judiciary and towards more favorable regulatory frameworks. They believe the current political climate provides an opportunity to push their agenda and reshape regulatory oversight to benefit the crypto industry.
The political landscape, with support from a pro-crypto administration, could lead to significant shifts in how cryptocurrencies are regulated in the United States, which may impact the industry's growth and innovation.
Source: cointelegraph.com ↗