Etherealize co-founder: The crypto industry needs to "prove its worth" before Trump leaves office.
TL;DR
Etherealize co-founder warns the crypto industry must prove its value before Trump's term ends to prevent policy reversals, urging faster implementation of supportive regulations and market integration.
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On December 21, Etherealize co-founder Danny Ryan stated that the crypto industry needs to "prove its worth" before Trump leaves office to avoid policy reversals after a change of administration. Currently, the US government is pushing for legislation and regulatory improvements supporting crypto, but this environment won't last forever. The industry should expedite the implementation of these policies and capital market integration. If crypto fails to demonstrate practical applications during the current US administration's term, future political forces may re-evaluate these policy supports.