Golden Finance reported that Matter Labs CEO Alex Gluchowski said that the US crypto industry has become a "powerful electoral force." Last year, the crypto market was sluggish due to the deteriorating regulatory environment, but the situation has improved this year, with projects such as Circle planning to go public in the US. Despite the regulatory challenges from the Securities and Exchange Commission, Blockworks co-founder Jason Yanowitz pointed out that the number of conference speakers has rebounded this year, indicating that industry confidence has recovered. Consensys Chief Legal Officer Bill Hughes believes that regulatory uncertainty inhibits innovation and gives large companies a competitive advantage. GCR Deputy General Counsel Joshua Riezeman warned that the United States needs to clarify the regulatory framework, otherwise it will lose more crypto companies. Despite the challenges, Gluchowski emphasized that the influence of the US crypto community has increased, as exemplified by the bipartisan-supported FIT21 bill. Hughes believes that the United States has advantages in capital and talent and can still lead the crypto field.
