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Conclusion
The days when the federal government is actively hostile to crypto are likely to be numbered, but how this plays out is open to significant speculation. Will Congress bring regulatory clarity? Will the SEC drop some of its existing enforcement actions and take a more laissez-faire approach to policing the industry? Will we get last-minute surprises from the current administration, such as the final crypto DeFi broker rules issued by the Department of Treasury, dropped on Christmas Eve, or events such as the Ripple lawsuit, filed while Jay Clayton was a lame duck as Chairman of the SEC? The year 2025 brings with it cautious optimism, but companies in the blockchain space should prepare now for potential changes, and there may be significant opportunity for traditional finance services companies to enter the digital assets space.
See the full story here: https://natlawreview.com/article/top-10-web3blockchain-legal-developments-2024