Magic Eden Legal Advisor: David Sacks Only Has 2 Years to Push for Pro-Crypto Policies

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PANews
12-29
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PANews reported on December 29 that, according to Cointelegraph, Joe Doll, the general counsel of the NFT market Magic Eden, said in an interview that the recently appointed "AI and Crypto Czar" David Sacks has only 2 years before the 2026 US midterm elections to push for policies that support cryptocurrencies. Doll believes that the threat of government gridlock could stifle regulation, and the current administration must implement policies that support cryptocurrencies while still controlling both houses of Congress. "The House majority is very slim, and it's likely to flip, because it almost always does. So you may end up with a divided government, and you have to get things done within two years. So we have 24 months to push some important things."

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