The digital asset sector hopes for favorable and clear regulatory guardrails for cryptocurrency markets and stablecoins.
The three key policies to watch include the potential establishment of a national reserve for bitcoin, clarity on jurisdiction between the SEC and CFTC, and clarity on stablecoin issuance.
Stablecoin legislation is likely to come first, followed by addressing SEC and CFTC oversight of crypto markets.
The establishment of a bitcoin national reserve is an ambitious idea being discussed.