⭐⭐Arthur Hayes Warns Crypto Regulations Need to Be Enforced Before 2024 Elections ⭐⭐
Arthur Hayes, one of the leading figures in the crypto market, expressed new concerns about the future of crypto-friendly policies after the 2024 US elections. Hayes emphasizes that pro-crypto voters should actively use the current administration to provide regulatory clarity ahead of the upcoming elections. Stating that any legal regulation regarding cryptocurrencies should be considered as a protected form of expression, Hayes argues that any restrictions that limit the ability of individuals or institutions to hold or transfer crypto assets violate the rights of freedom of expression. According to Hayes, this fundamental perspective should form the basis of all future cryptocurrency laws.
Hayes also emphasizes critical timing to ensure regulatory clarity. He warns that with the conclusion of the November 2024 elections, pro-crypto voters will lose an effective lobby. If regulatory frameworks are not determined before the election, the urgency and impact required to advance such policies may diminish as newly elected officials can focus on other priority issues.
Additionally, Hayes explores how geopolitical dynamics could trump crypto politics in the post-election period. He predicts that international conflicts such as Iran and Russia may become an increasing focus, stating that this may push the discussions around crypto regulations to the background. He warns that foreign policy issues may take precedence at a time when political capital should be directed to support crypto-friendly legislation.