The Breakdown

Crypto Won the Election. Now What?

5 snips
Nov 17, 2024
The podcast dives into the recent elections and how they've positively impacted the regulatory landscape for crypto. Key growth areas like DeFi, AI, and utility tokens are highlighted, showcasing the U.S.'s potential as a crypto hub. The discussion also covers the critical need for deregulation and its parallels with the evolution of voice over IP. Challenges posed by traditional securities regulations are examined, as well as the promise of cryptocurrency in creating accessible fundraising opportunities. Lastly, the importance of proactive legislation and industry consolidation for future stability is emphasized.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Crypto's Election Win

  • The 2024 elections were a game changer for the crypto industry, with a pro-crypto Congress and president.
  • This shift promises an accelerated path toward mainstream adoption through clear and transparent regulation.
INSIGHT

Deregulation is Key

  • Crypto's success depends on deregulation, which won't happen automatically.
  • The next four years are crucial to push for a legislative solution that solidifies crypto's place.
ADVICE

Next Steps for Crypto

  • The crypto industry must expand retail adoption to become indispensable to consumers.
  • Work with allies in Washington to implement a permanent legislative solution for crypto regulation.
Get the Snipd Podcast app to discover more snips from this episode
Get the app