US crypto regulation is likely 'in a holding pattern' until after the 2024 election: Paradigm Policy Director
The Scoop
The State of Crypto Regulation and Volatility
Crypto regulation is a hot topic on the Hill, particularly stablecoin bills. However, passage before the election is unlikely. The events of 2022 sparked interest in crypto, leading to fruitful conversations on regulation. The market's volatility has hindered regulators' understanding, as they associate it with instability. Nevertheless, volatility is normal for a new market. Overall, there is growing recognition that crypto is here to stay.
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