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1inch Lawyer Sees Agencies Driving US Crypto Regulation
Crypto executives expect US regulators to drive crypto policymaking regardless of the midterm election outcome. Deputy general counsel at 1inch, Maylea Ma, expects the US Securities and Exchange Commission, Commodity Futures Trading Commission, and Treasury to lead the next phase of crypto regulation. The election could reshape the path forward for the stalled CLARITY Act, but Ma believes real movement will come from these agencies, which are increasingly engaging with crypto projects. However, agency engagement does not provide the stability the industry had hoped for through legislation.