Deep Tide TechFlow news, on December 29, Magic Eden's General Counsel Joe Doll stated in an interview that David Sacks, recently appointed as the 'Crypto Emperor' and 'AI Czar', has only two years before the 2026 U.S. midterm elections to push for policies that support the cryptocurrency industry. According to Doll, the threat of a government deadlock could stifle regulation, and the current administration must advance pro-cryptocurrency policies while still controlling both houses of Congress.
Doll said: 'The advantage of the House majority is very slim, and it's likely to reverse because it almost always does. So, there could be a divided government that locks and freezes things in two years. Thus, we have 24 months to push some significant issues.'