U.S. Crypto Law Must Pass Before 2026, Warns Blockchain Leader
The urgency for meaningful cryptocurrency legislation in the United States is increasing, with a warning that delays could lead to long-term industry consequences. Marta Belcher, president of the Blockchain Association, emphasized the need for clarity in legislation before the 2026 election cycle, citing potential shifts in Congressional attitudes towards crypto post-midterms. She referenced the previous administration's hostile regulatory environment as a cautionary example that drove many crypto projects abroad. Current legislative efforts include stablecoin and broader market structure bills, with an imminent vote on stablecoins. Belcher expressed concern about waiting until after the August recess, urging swift action to establish compliance pathways for crypto projects. She highlighted the necessity for industry-wide compromise to achieve effective legislation, describing it as existential for the sector.
