Faryar Shirzad, Coinbase's chief policy officer, anticipates rapid implementation of crypto legislation once Donald Trump becomes president. He expects significant movement on market structure and stablecoin legislation in 2025.
Faryar Shirzad , chief policy officer at Coinbase , said he sees crypto legislation making its way through Congress"fairly quickly" following President-elect Donald Trump 's win.
LONDON — Coinbase's top policy executive expects the United States to rapidly regulate the cryptocurrency industry once Donald Trump becomes president.Faryar Shirzad, chief policy officer at Coinbase, told CNBC he sees crypto legislation making its way through Congress"fairly quickly" after the Republican president-elect — who ran on a notoriously pro-crypto policy platform — enters the White House., gaining control of both the House of Representatives and the Senate.
Shirzad told CNBC he's"optimistic" the legislation will get passed, but noted there's only a"small" chance the crypto legislation is considered in the so-called"lame duck" post-election period. Meanwhile, the Coinbase-backed Stand With Crypto Alliance developed a grading system to determine how for or against crypto House and Senate candidates were. Almost 300 pro-crypto lawmakers will take seats in the House and Senate, according to Stand With Crypto.
Crypto Legislation Coinbase Donald Trump Faryar Shirzad Stablecoin
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