The public’s sentiment toward cryptocurrencies is improving.
Five SEC commissioners will face Congress in an ongoing hearing.
Regulation has affected the crypto industry’s development in the US.
DeFi Educational Fund’s Chief Legal Officer Amanda Tuminelli believes the sentiment toward cryptocurrencies is getting better, with more people feeling positive about the technology. Tuminelli shared this view during a Thinking Crypto podcast while answering questions about the recent Congressional hearing on DeFi in the US.
Tuminelli attributes the increasingly positive sentiment toward crypto to the growing number of builders in the crypto space, many of whom are developing valuable products. She emphasized that such builders are not only developing projects but also becoming more vocal.
While she wasn’t sure whether there would be more DeFi hearings in the future, Tuminelli thinks that would be a positive development. She also pointed out that other hearings are ongoing, such as those involving the SEC and their regulation by enforcement. She stated that all five SEC commissioners will appear before Congress and answer specific questions.
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