BlockBeats news, December 29, in an interview, Joe Doll, the General Counsel of the NFT market Magic Eden, stated that the recently appointed 'King of AI and Cryptocurrency' David Sacks has only 2 years before the 2026 U.S. midterm elections to promote pro-cryptocurrency policies.
Doll believes that the threat of a government deadlock could stifle regulation, and the current administration must push for pro-cryptocurrency policies while still controlling both houses of Congress. 'The majority in the House is very slim and could likely flip, as it almost always does. So you might encounter a divided government, which will solidify things in two years. So we have 24 months to push for something significant.' (Cointelegraph)