According to Cointelegraph, during the U.S. midterm elections, Maylea Ma, 1inch’s Deputy General Counsel, stated that the election results may influence the stalled CLARITY Act, but substantial progress in U.S. digital asset regulation over the coming years will primarily come from the SEC, CFTC, and the Treasury Department, not Congress.
Ma stated that institutions are increasingly engaging with crypto projects, but regulatory guidance cannot provide the legislative stability the industry expects; the long-term goal remains statutory law that cannot be reversed by changes in government. Michael Ho, co-founder of D3 at the Doma Protocol team, also noted that the stagnation of the Market Structure Bill leaves U.S. crypto policy dependent on regulatory guidance that future administrations could overturn, causing institutional capital to remain on the sidelines.
1inch Lawyer: U.S. Crypto Regulation Will Be Led by Federal Agencies Regardless of Midterm Election Results
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Summary
Maylea Ma, Deputy General Counsel at 1inch, said that digital asset regulation in the U.S. will be led by federal agencies such as the SEC, CFTC, and Treasury, regardless of the midterm election outcomes. She noted that these agencies are increasingly engaging with crypto projects but emphasized that regulatory guidance lacks the legislative stability the industry requires. Michael Ho, co-founder of Doma Protocol, warned that the stalled market structure bill has left the U.S. crypto sector reliant on agency rules, which can be overturned by new administrations. CFTC concerns remain a key focus in shaping these policies.
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